Alva Review-Courier -

Paper money

 

January 4, 2019



Counter checks had only the name of the bank. That meant your signature was used to identify the account. Each signature was identifiable but it was a very poor system.

Then came personalized checks, pre-printed with account and routing numbers. It was also a medium of exchange most favored but today are paper bills and coins going away?

Credit and debit cards became popular and now you can make purchases via apps on the smart phone, use a scanner at the store, or pay with an automated clearing house transfer.

The U.S. started making coins in Philadelphia in 1792. Before that, foreign co...



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