A major advance in the credit card business was the development of the BASE-I and BASE-Il computer systems by Visa in the early 1970s. The effect of BASE-I was to while the effect of BASE-II was to . (ES, p. 74) eliminate the physical exchange of paper among banks; sharply reduce the amount of time it took to obtain authorization from the cardholder's bank improve screening of credit card applicants through credit scoring; facilitate mass mailings of credit card solicitations to consumers facilitate mass mailings of credit card solicitations to consumers; improve screening of credit card applicants through credit scoring sharply reduce the amount of time it took to obtain authorization from the cardholder's bank; eliminate the physical exchange of paper among banks