Visa Inc. - Licenses had been granted in 15 countries
Time: 1972
Place: U.S.
Details: However, Bank of America retained the right to directly license BankAmericard to banks outside the United States, and continued to issue and support such licenses. By 1972, licenses had been granted in 15 countries. The international licensees soon encountered a variety of problems with their licensing programs, and they hired Hock as a consultant to help them restructure their relationship with BofA as he had done for the domestic licensees.
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