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==Processes==
The card scheme utilizes the respective [[guideline]]s<ref name="Mastercard Rules">{{cite web |last1=Summary of changes 2020 |title=Mastercard card scheme - Rules and guidelines |url=https://www.mastercard.us/content/dam/mccom/global/documents/mastercard-rules.pdf |publisher=Mastercard |date=December 2020 |access-date=2021-08-23 |archive-date=2021-08-23 |archive-url=https://web.archive.org/web/20210823112149/https://www.mastercard.us/content/dam/mccom/global/documents/mastercard-rules.pdf |url-status=dead }}</ref><ref name="Visa Rules">{{cite web |last1=Visa core rules 2021 |title=Visa card scheme - Product and service rules |url=https://sr.visa.com/content/dam/VCOM/download/about-visa/visa-rules-public.pdf |publisher=Visa |date=April 2021}}</ref> to process the card exchange data from the acquiring to the [[issuing bank]], and vice versa, until the [[payment]]<ref name="Payments industry ecosystem 2021">{{cite web |title=The payment industry's biggest trends in 2021 |url=https://www.insiderintelligence.com/insights/payments-ecosystem-report/ |publisher=Insider Intelligence |date=July 2021}}</ref> is fully completed (or denied). Credit and [[debit card]]s work with four-party scheme, completing an open-circle framework that permits consistent flow of transactions; thus, allowing the banks to handle the whole process.
Card schemes aim to make the transaction convenient and automated for all parties involved in the loop, with the core belief that [[Customer|clients]] end up spending more than intended when the payment process is simple.
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