The Visa and MasterCard associations do not issue credit
or debit cards directly. They are each collectively comprised
of thousands of banks worldwide. These banks pay membership fees
to the associations, and are thus permitted to issue cards.
American Express, Diners Club, and Discover are not associations;
each of these companies issues its card directly, and maintains
its own clearance network.
is accepted at over 18 million locations worldwide. It also owns
- Central and Eastern Europe, Middle East and Africa