Card association
From Wikipedia, the free encyclopedia
A card association or a bank card association is a network of issuing banks and acquiring banks that process payment cards of a specific brand.
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Examples
Familiar payment card association brands include UnionPay, RuPay, American Express, Discover, Diners Club, Troy and JCB.
While once card associations, Visa and Mastercard have both become publicly traded companies.[1][2]
Statistics
Among United States consumers alone, over 600 million payment cards are in circulation.[3]
References
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