Mergers and Acquisitions (1976-1990)

In 1976, Visa merged with MasterCharge, a rival credit card network, to form Visa/MasterCharge. This merger created a stronger and more competitive payment network. In the 1980s, Visa acquired several other payment networks, including Interbank/Merchant Card System (MCS) and the National Bankcard Association (NBA). These acquisitions expanded Visa's reach and capabilities, solidifying its position as a leading payment network.