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Card association 
Summary
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.
Examples edit
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 edit
Among United States consumers alone, over 600 million payment cards are in circulation.[3]
References edit
- ^ "Visa IPO Seeks MasterCard Riches" Archived February 7, 2008, at the Wayback Machine, TheStreet.com, February 2, 2008.
- ^ "Mastercard Incorporated MA". NYSE.com. Retrieved 26 June 2021.
- ^ frontline: secret history of the credit card: watch online | PBS