Card scheme: Difference between revisions

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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 is the type of card scheme used by brands such as [[Visa Inc.|Visa]], [[Mastercard]], [[Verve Card]], [[UnionPay]] and [[RuPay]] ([[India|Indian]]). There are no limitations as to who may join the scheme, as long as the requirements of the scheme are met.
 
{{Credit cards}}