MasterCard International in the late 50's to early 60's created a system of internationally accepted credit card, immediately popular in the world. 1966, formed a bank card association (Interbank CandAssociation) organization in 1969 under the Bank Card Association bought the patent MasterCharge unify the various credit card issuing bank name and style design. Next decade, will MasterCharge formerly renamed MasterCard. MasterCard International is an all-inclusive financial institutions around the world non-profit association, whose members include commercial banks, savings and loan associations, and credit cooperatives.
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