interbank was the original name of which major financial services company?

Interbank was the original name of Mastercard , the global payments and financial services company.

Quick Scoop

• In 1966, a consortium of banks created the Interbank Card Association (ICA) to compete with Bank of America’s BankAmericard credit card.

• The network and its cards were initially known under the Interbank name, often marked with a small lowercase “i” symbol on the cards.

• By 1969, the brand evolved into “Master Charge: The Interbank Card” , and in 1979 it was officially renamed Mastercard as it expanded globally.

So when you see the question “Interbank was the original name of which major financial services company?”, the targeted answer is Mastercard.

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