Which payment system innovation, first demonstrated in 1973, revolutionized retail by allowing electronic data capture at the point of sale and is considered the predecessor to modern digital payment networks?

The way we pay for products has transformed dramatically over the decades, with several breakthrough inventions changing how consumers interact with merchants. From early mechanical cash registers to today's contactless payments, each innovation has accelerated retail transactions and improved security. This poll tests your knowledge about a pivotal moment in payment technology that fundamentally changed retail forever and set the stage for modern digital commerce.

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The Electronic Funds Transfer (EFT) system developed by IBM and Lloyds Bank
The magnetic stripe card reader created by IBM engineer Forrest Parry
The EFTPOS (Electronic Funds Transfer at Point of Sale) system by Burroughs Corporation
The first electronic authorization system for credit card transactions by Visa (then National BankAmericard)