This article talks about the evolution of the mastercard. The MasterCard started in 1966 when a group of banks created a member-owned association that later became MasterCard. In 1968 the company extended its presence to Mexico, Japan and Europe, marking the start of its commitment to becoming the leading global payments network. Through the 1980s, MasterCard continued to build on this trust, bringing the advantages of electronic payments to new regions and markets around the globe. The next decade saw electronic payments become even more closely integrated into peoples' lives, a behavioral shift MasterCard capitalized on by developing new technologies that improved convenience, speed and efficiency. This is relatively similar to the installments people had to pay during the 1920's. It allowed people to access extravagant things that they could not afford at a certain time, but had a broad range of time to pay of what was due. Just like the credit or installment plan, Mastercard reached out to other countries and made certain items attainable electronically, do to their new credit card. Therefore, now people have the chance to obtain things but now inconvenience since electronically. Since Mastercard is across the world, how can they make their connections greater and stronger with their customers. Also how can they reach out to other countries? - Sorry Hongsen and Mr.Corrigan, i initially posted about the history of the internet yesterday morning but evidently it didnt appear so i just did another one.