Word: bankamericard
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Banc One, for example, was one of the first financial institutions to see the potential in bank credit cards. In 1966 McCoy persuaded giant Bank of America to extend its California-based BankAmericard to nationwide use and to let Banc One handle the mountain of paperwork. At first Bank of America dismissed the notion that an unknown outfit from Ohio's corn belt could act as a clearing house for a national credit card system. But McCoy persisted and eventually got the job. BankAmericard evolved into Visa, and Banc One today is the third largest credit card processor...
...International, which has about 11,500 members. MasterCard (formerly Master Charge) and Visa are each carried by more than 60 million people in the U.S., but the tide of success is running with Visa. Five years ago, approximately 6 million more people carried Master Charge than Visa, then called BankAmericard. Through shrewd marketing, and a court ruling that allowed banks to issue both cards, Visa now leads...