Electronic Value Exchange Electronic Value Exchange David L. Stearns

Electronic Value Exchange

How Visa Transformed the Global Payment Industry

by David L. Stearns

★ 4.3 17 min read

About This Book

The Birth of Digital Money (2011) chronicles the remarkable journey of Dee Ward Hock, a modest junior college graduate from an impoverished background who built Visa, one of the planet's most influential financial institutions. Through detailed historical perspectives on American banking evolution and the early credit card industry, this book demonstrates how BankAmericard overcame catastrophic challenges to achieve worldwide dominance, ultimately becoming the Visa card that billions rely on today.

Who Should Read This?

  • People fascinated by the mechanics of global financial systems
  • Business professionals studying cooperative ventures and organizational design
  • Technology enthusiasts exploring the evolution of monetary exchange
  • Readers interested in American business history and innovation

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