Card scheme: Difference between revisions

Revision as of 10:00, 1 January 2019

Revision as of 14:04, 27 March 2019

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In a four-party scheme, the issuer and acquirer are different entities, and this type of scheme is open for other institutions to join and issue their own cards. This signifiesis the type of card schemesscheme used by brands such as [[Visa Inc.|Visa]], [[Mastercard]], [[Verve Card]], [[UnionPay]] and [[RuPay]]. There are no limitations as to who may join the scheme, as long as the requirements of the scheme are met.

{{Credit cards}}