Chapter 1377 - The Good And The Bad

Landon nodded in satisfaction when thinking about his plans.

This was still early April, and they still had quite a lot of time before late June.

He wasn't just giving the banks time but also providing other businesses with ample time to understand it all. 

Just like the case back on earth, Landon had long worked hand-in-hand with a team to create various Retail Software. 

There were payment processing software, inventory management software, POS software, Retail Management Softwares, Retail ERP software... And many more.

In the stores, when employees use the machines, everything would be made easier if they all had particular software for what they wanted.

Luckily for them, they weren't the ones creating the software. So all they had to do was hire 1 or 2 specialists from the lower realm to set up these software systems in the computers and teach them how to use it all for 2 or 3 weeks of intense training. 

Mind you, computers in general will be new to them as well. 

That's why he felt it necessary for them to get trained on properly using these systems.

There would also be guidelines on what they should do when they run into a few stumbling blocks. 

All this was part of the learning process, ensuring Baymard's growth. 

.

Just as Landon had said, though the launch was in late May... ever since his meeting with Tim, the various establishments had already begun ordering computers and connecting with the Internet. 

This was their training period before the stores officially used these devices during checkouts. 

And during this time, he expected them to master many management systems that concerned customers and staff management. 

Checking inventory and many other behind the scene operations would be made easier by these systems. 

He wanted them to master these bits first. And sometime during May, he would issue the use of the POS machines. 

Following that, these businesses would then master the POS software system and use it during checkouts. 

Landon had planned it all. 

And that's why late June or July, the A.T.Ms, banking cards and POS machines will all be publicly launched. 

Everyone crowded around Landon, looking at the small but strange machine in his hands. 

"Your Majesty, what is this?"

Landon raised the machine. 

"This, my friends, is a card machine!"

"_"

With Landon's explanation, everyone soon saw the full potential of the cards and the ATMs!

Dionne was in too much shock that his mouth continuously hung open. 

Wait! Wait! Just wait a damn minute! 

Was his majesty saying that these cards will be used everywhere and in every store or area where services can be paid for?

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Awesome! 

.

Dionne's lips trembled with excitement, wishing that he could have his card now.

F***!

He had thought that the cards were only to be used in the bank. But now, he realized just how short-sighted he was. 

The more he listened, the more in awe he was.

"Your majesty... I think I'm getting to see just how powerful this card truly is. And what makes it more amazing is how easy it is to use."

Landon smiled slyly.

"Hmhm... Cards will more or less replace physical currency. But it's important to know that these cards are still linked to the bank's systems. 

Let's say you go shopping with your debit card. A straightforward process occurs. 

You insert your card into the card machine (POS), and a signal gets sent to the bank.

The bank checks the card is valid and that the account exists.

And if all is well, a signal is sent back to the shop, asking you to prove that the card is yours."

"And that's when we put in our pins. Right, your majesty?"

Landon nodded at one of the ministers: "Correct. If you enter the right pin, the bank will pay your bill for you and debit your account directly.

However, if you use a credit card, the machine will contact what I call a 'data office' that requests credit card transactions.

There, the account will be verified and checked to see if one has exceeded their credit card limit or not before releasing the money if all is well."

All information concerning the cards gets stored on the black magnetic strips at the back of the cards. 

From there, things got too technical, and Landon didn't want to confuse them even more. 

All in all, they now understood how the cards worked. 

And what made them even happier was that the computers already had systems to do most of the work.

Of course, they would have to hire and contract computer and I.T specialists to work with them for 2, 5 or maybe 10 years, overseeing various aspects of it all.

.

Customers might never know, but a lot went into using a card. 

Landon was also glad that he took so long in doing all these. 

Gosh... It's been so long since he last completed his previous main missions.

But he didn't regret taking his time perfecting it all. 

And now, since again, there would be a major outburst of several new technologies all at once. 

Phew!

Landon wiped his invisible sweat away. 

And the excited people around him were now focused on the various cards. 

Everyone once again took to their seats. 

It was time to round up the meeting with a few key points. 

It was time to dive into the Pros and Cons of both cards.

Of course, one thing that Landon changed were the few key aspects concerning credit card uses.

He had placed a few clauses on the whole credit card charade, trying his best to limit people from going into debt. 

Credit cards were there when times were rough, Like not having enough for tuition, health or other services. 

Of course, one could use their credit cards to make essential everyday purchases and build credit, but he still made various guidelines and measures to ensure that people don't start going crazy with it. 

After all, he wouldn't want his people to go into debt that easily.

Of course, even without cards, many people in this world still go into debt from borrowing from others or biting off more than what they could chew. 

Hence the many scenarios where people would ship their daughters to pay off gambling debts or any other debts. 

Others had their farms, life sticks and homes seized. Many also turned into slaves because of their debts. 

So going into debt wasn't anything new. 

However, if one was inviting a large debt, it better be worth it and not over something silly. 

Either way, with his current brain strength, modifying this much wasn't tasking. 

Credit cards could be both bad and good. 

However, he wouldn't allow a person to keep taking and taking, going more and more into debt. 

Landon drew the line clean.

He changed over 30% of all policies back on earth.

This was his empire, and he could bloody hell do what he wanted to!