Cannabis Was First Online Transaction
Although reports are conflicting, some say that the first online transaction was for cannabis in 1972. This paved the way for other online sales such as in 1974 when Donald Sherman ordered a pizza with a talking computer. 10 years later, Jane Snowball used a Videotex linked to her TV to order groceries. But like the cannabis transaction of 1972, Snowball’s purchase was just an online order. She still had to pay in person. The first recognized online transaction didn’t occur until 1994 when Dan Kohn sold a copy of the Sting album “Ten Summoner’s Tales” to a guy in Philadelphia, who paid $12.48 plus shipping using an encrypted credit card.