Apr 13, 2025 · It wasn’t until 1967 that the first automatic teller machine (ATM) was launched by Barclays in the UK – the first electronic machine for cards in the world.

A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record payment card transactions …

Jan 13, 2025 · The origins of credit card machines can be traced back to the 1950s with the advent of manual imprinters, often referred to as "knuckle-busters." These devices were …

Jul 16, 2024 · When credit card machines first entered the scene, they bore little resemblance to the sleek devices we use today. In essence, they were manual printers. Merchants would …

A new culture of credit payment exploded, as people began spending now but paying later. Companies like American Express, The Bank of America (which launched the BankAmericard, …

May 4, 2025 · With the introduction of electronic POS devices, the payment industry witnessed a major transformation. These machines use the magnetic strips on credit cards to read data …

Oct 11, 2019 · In the same year, magnetic stripes were added to credit cards, allowing information to be captured electronically. It was French inventor Roland Moreno who first patented the …

Jul 16, 2025 · Modern credit cards were invented in February 1950 by Frank McNamara and Ralph Schneider, who founded Diners Club. Ways to pay for goods and services on credit …

Jul 10, 2013 · Learn about the milestones in credit card processing history, from manual imprinters to digital transactions.

Jan 30, 2025 · Knuckle-busters, also known as manual credit card imprinters or zip-zap machines, were essential tools for businesses in the early days of the credit card industry.