The Evolution of Electronic Funds Transfers

  • Posted by Jason on July 21, 2014 in Technology

In the age of the Internet, it’s simple to send money around the world in a matter of minutes from any laptop or smartphone. But it hasn’t always been so easy – this infographic outlines the evolution of electronic funds transfers, from their origins with Western Union and physical wire transfers in the 1800’s, through to modern day international transfer services like OrbitRemit which make it easy to send money anywhere, even to developing countries, from any Internet-connectable device.

Electronic Funds Transfers

 

 

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