Anagh Pal19 Jul 2023, 15:38
A card network is a financial infrastructure that enables transactions and communication between merchants, card issuers, and cardholders, facilitating the authorisation, clearing, and settlement of card transactions. For example,when it comes to credit cards, the card networks that are present in India are Visa, MasterCard, American Express, Diners Club International and RuPay, developed by the National Payments Corporation of India.