Does COBOL handle 95% of all Creditcard-Swipes?

One of the main arguments for the relevance of COBOL is that it handled „95% of all Creditcard-Swipes“ or „95% of all In-Person Transactions“ or „95% of all ATM Swipes“. This number, like many other numbers, comes from the Gartner survey in 1997. So this number, again, only says that 95%1. of mainframe owners2. who […]

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