GIVE ALL MY PPOINT AWAY COME AND ANSWER
The custom of electronic payments began in 1860 when Western Union used the telegram for electronic fund transfer. In 1946, John Biggins, who worked for the Flatbush National Bank in Brooklyn, New York, tried an experiment. His bank issued cards, which customers then used to make purchases. The bank paid stores for the purchases and collected debts from card holders. Biggins’ “Charg-It” became the first credit card.
Why did the author include this paragraph?
A. to show the impact of transferring money
B. to describe the history of using coins to barter
C. to introduce the idea of using digital money
D. to infer that digital money has never been secure