The payment card business has evolved from its inception in the 1950s as a way to handle payment for expense-account lunches (Diners Club card) in today's complex sprawling industry that drives trillions of dollars in transaction volume each year.
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"An excellent treatment of the payment card industry's evolving structure and conduct."-- Daniel Pope, "Enterprise & Society"
David S. Evans is Managing Director of the Global Competition Policy Practice at LECG LLC and part of Market Platform Dynamics, a management consulting firm that focuses on strategic analysis and product design for platform-based firms.
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