Visa Inc. - Test at first went smoothly, but then BofA panicked when it confirmed rumors that another bank was about to initiate its own drop

Time: 1958

Place: San Francisco, California, U.S.

Details: The 1958 test at first went smoothly, but then BofA panicked when it confirmed rumors that another bank was about to initiate its own drop in San Francisco, BofA's home market.

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