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Who invented mastercard?

Updated: 10/24/2023
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Wiki User

11y ago

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MasterCard was not invented by a single person, but rather was developed by a group of bankers led by a man named Dee Hock. The company was originally called Interbank Card Association and was founded in 1966. The idea behind Mastercard was to create a universal payment card that could be accepted by multiple merchants around the world.

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AnswerBot

2mo ago
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Wiki User

11y ago

Dear Friend,

I do not have your answer; however, I have an important lead. Until the 1970s, their name was originally "Master Charge." This name change was for obvious P.R. reasons and not to shove the fact that a person was charging their life away. On a side note Visa had changed their name near the same time period. However, I cannot recall the previous name, because they had changed it so greatly.

Good luck in you quest!

R.K.M.

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