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History & Culture - Electronic Value Exchange: Origins of the VISA Electronic Payment System (History of Computing)

Description

Book Synopsis: Electronic Value Exchange examines in detail the transformation of the VISA electronic payment system from a collection of non-integrated, localized, paper-based bank credit card programs into the cooperative, global, electronic value exchange network it is today. Topics and features: provides a history of the VISA system from the mid-1960s to the early 1980s; presents a historical narrative based on research gathered from personal documents and interviews with key actors; investigates, for the first time, both the technological and social infrastructures necessary for the VISA system to operate; supplies a detailed case study, highlighting the mutual shaping of technology and social relations, and the influence that earlier information processing practices have on the way firms adopt computers and telecommunications; examines how “gateways” in transactional networks can reinforce or undermine established social boundaries, and reviews the establishment of trust in new payment devices.

Details

Delve into the fascinating history of the VISA Electronic Payment System with Electronic Value Exchange. Uncover the evolution of this revolutionary payment network from its humble beginnings in the 1960s to its global presence today. Gain insights into the technological and social transformations that were crucial for the VISA system to become the powerhouse it is now. Discover the secrets behind how this network paved the way for trust in new payment technologies.

Experience a firsthand account of the metamorphosis of the VISA system through meticulously researched personal documents and interviews with key figures. Learn about the intricate balance between technology and social structures that contributed to the success and growth of this electronic value exchange platform. Explore the interconnected relationships between information processing practices and the adoption of cutting-edge technologies within the financial industry.

Unravel the complexities of transactional networks and the crucial role of gateways in reinforcing or challenging societal norms. Dive into a detailed case study that showcases how technology and social interactions intertwine to shape the evolution of payment systems. Understand the essential mechanisms that establish trust in emerging payment devices and how they impact the way we conduct financial transactions.

Ready to embark on a journey through the evolution of electronic payments? Order your copy of Electronic Value Exchange today and witness the transformation of the VISA Electronic Payment System firsthand.

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