In 1959, the MICR code was developed in the United States. Magnetic ink character recognition allowed financial institutions to read the routing and account numbers with machines. It is similar to the way a tape deck plays back audio from the magnetic tape on a cassette. By the early sixties, MICR codes were used on checks all over the U.S.
The '50s also brought about the first charge card with the Diner's Club Card, and the first ATM or automated teller machine entered the scene in 1967.
Personal checks were being used so often in the U.S. Concerns arose in the 1960s that the volume of checks in the U.S. would be too much to control. That's when ACH or Automated Clearing House payments were developed bringing about conveniences like direct deposit.
Download Tips
No doubt, information is the highway to greatness in life. In a bide to obtain such information one is forced to get it whenever it appears online. One is please and satisfy with the rate of such information transfer if it is very fast. But the reverse is case when the data transfer ( i.e. bits or bytes per second ) is very slow. One is bound to waste time to be used for other demanding issues on a slow data transfer. But you can get out of this mess and speed up the rate of data transfer of your computer by applying the tips in this article.
Change or upgrade your connection. Your internet service provider render service according to your subscription. There is a limit speed associated with each connection. So, go for subscription that meet up with your need. If you are using dial-up connection, make use of Broadband connection for faster speed output. The broadband has Direct Service Line ( DSL) or a cable connection to be chosen for maximum performance.
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