How guests choose to pay is continuously changing, with a number of different methods on offer to guests and operators.
Money makes the world go round, or so the old saying goes, but how it moves around our world has undergone a change over the past two decades. Where once wealth was measured in coins and notes, now currency exists as ones and zeros, stored in data on mainframes and magnetic cards.
Technology has always played a part in monetary transactions. From primitive bartering through to the first minted currency, the payments space has undergone huge changes. 1872 saw money transferred over the telegraph network for the first time, while it was in the 1970s that cards with a magnetic strip and PIN security were introduced by Lloyds Bank. Even more recently, Google Pay and Apple Wallet have changed how consumers pay following their introduction in 2013 and 2014 respectively.
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