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The brand new Visa Electron card and had the EMV (Europay, Mastercard, and Visa) chip, a trend used for wise percentage cards that also eliminated fraud. It actually was revealed included in the BankAmericard credit card program by BofA (Lender out of The united states). Ages later, inside 1966, BofA first started licencing the application to other creditors. In the 1970, BofA molded cooperations with other performing financial institutions and quit government power over the application.

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