Bank card association is a network that connects issuing banks (which provide payment cards) with acquiring banks (which process transactions). These associations handle payment cards for specific brands. Examples of well-known card associations include Visa, MasterCard, American Express, and Discover. They play a crucial role in regulating how, where, and when cards are used, ensuring smooth transactions between cardholders and merchants
Some of the bank card association are: VISA, MasterCard, Interac, American Express, Discover, Union Pay, JCB, Diners Club International