ANSWERS: 1
  • The MasterCard's roots begin in 1966 when a group of banks created a member-owned association (the Interbank Card Association) that set out to create a global payments network. This association developed means of global electronic payment including the Master Charge in 1968; renamed the MasterCard in 1979.

    Source:

    Mastercard History

    Resource:

    On The History of Credit Cards

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