Payments, Code of Hammurabi and Quona's Latest Investment

Payments, Code of Hammurabi and Quona's Latest Investment

Payments are as old as the human race; the barter system pre-dates even formal currencies, so did the code of Hammurabi from 18th century BC, which has elaborate sections on commerce and payments. Fast forward 4,000 years and payments form the backbone of financial transactions today – between individuals (P2P), between businesses (B2B), between individual and business (C2B) or between individuals and government entities (G2C or C2G).