In 1994, the first third party payment service for processing online credit cards was released. SSL (Secure Sockets Layer) also became the first security technology to establish an encrypted link between a web server and browser. This link ensured that all data that was shared between the server and browser remained confidential.
Coining ‘Banner Advertising’ 1994 Paid Advertising
In October 1994, the founders of Hotwired were brainstorming ways to pay their writers when they lit upon the idea of selling ad space in large quantities. Thus the term ‘banner advertising’ was coined. AT&T were one of the first companies to purchase ad space to promote themselves in the web magazine.
Welcome Yahoo 1994 Organic Search
Yahoo! was founded in January 1994 by Jerry Yang and David Filo, who were Electrical Engineering graduate students. They created a website named “Jerry and David’s Guide to the World Wide Web”. The Guide was a directory of other websites. In April 1994, Jerry and David’s Guide to the World Wide Web was renamed “Yahoo!”. The yahoo.com domain was created on January 18, 1995.