Arthur S. Kranzley, a major influence on the development of credit and debit card systems, died this week at the Hospital of the University of Pennsylvania in Philadelphia.

He was 68. He suffered from complications of emphysema and pneumonia, said his son, Arthur D. Kranzley, an executive with MasterCard International Inc.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.