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Credit Card Issuer vs Network: What’s The Difference
Manage episode 363454921 series 3471939
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In short, a credit card issuer is the financial institution that provides and manages the credit card account, while a credit card network is the infrastructure that facilitates the authorization, processing, and settlement of credit card transactions. The issuer sets the terms and conditions of the card, while the network enables global acceptance and transaction processing. Read More: https://cardinsider.com/blog/credit-card-issuer-vs-network-difference/
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