The Online Shopping Revolution – The First Sale on the Internet
The Online Shopping Revolution – The First Sale on the Internet
Did you know that the first true online transaction took place in 1994? It wasn't on Amazon or eBay. On a platform called NetMarket, someone bought Sting's album "Ten Summoner's Tales" from a friend for $12.48. This marked the first time that credit card data was transmitted securely (encrypted) over the internet.
Today, creating an online store involves much more complex and sophisticated processes. Modern platforms are unimaginable without online payment and installment integrations. Systems like TBC Bank, Bank of Georgia, or Stripe allow you to receive orders from anywhere in the world in a matter of seconds. From the first CD sold to today's giant marketplaces, online commerce has forever changed the rules of doing business.