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correction - issuers issue cards, acquirers acquire merchants. merchants accept cards. |
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'''Card schemes''' are payment networks linked to [[payment cards]], such as debit or credit cards, of which a [[bank]] or any other eligible [[financial institution]] can become a member. By becoming a member of the scheme, the member then gets the possibility to issue cards or [[Acquiring bank|acquire]] merchants operating on the network of that card scheme.
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