A Payment card/Banking card is a device that enables its owner (the cardholder) to make a payment by electronic funds transfer.

Payment Cards/Banking Cards

A Payment card/Banking card is a device that enables its owner (the cardholder) to make a payment by electronic funds transfer. The most common types of payment cards/Banking cards are credit cards and debit cards. Payment cards/Banking cards are usually embossed plastic cards, 85.60 Ă— 53.98 mm in size, which comply with the ISO/IEC 7810 ID-1 standard. They usually also have an embossed card number conforming with the ISO/IEC 7812 numbering standard.

 

Master Card

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EMasterCard Worldwide is an American multinational financial services corporation headquartered in the MasterCard International Global Headquarters, Purchase, New York, United States. MasterCard Worldwide has been a publicly traded company since 2006. Prior to its initial public offering, MasterCard Worldwide was a cooperative owned by the more than 25,000 financial institutions that issue its branded cards.

Visa

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Visa is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers.