Card organization, an international or regional payment card organization composed of members, authorizes members to issue cards, accept card transactions from merchants, and owns and operates its own international regional processing network. Card organizations are responsible for the construction and operation of a global or regional unified payment card information exchange network, the information conversion and fund settlement of payment card transactions, and the formulation and implementation of business norms and technical standards for payment card interbank transactions.
PUFA credit card issuers are:
1, VISA credit card organization
Visa, the credit card with the highest market share in the world, connects consumers, enterprises, financial institutions and governments in more than 200 countries and regions around the world, promoting people to use digital currency more conveniently instead of cash or checks. Visa owns and manages the Visa brand and all payment products based on Visa brand -Visa brand cards.
2. mastercard international
Mastercard international, whose basic goal is to communicate the information exchange of bank cards between members at home and abroad, is convenient for card issuers, regardless of their size, to enter the market of bank cards and traveler's checks and seek development.
3.JCB World General International Credit Card
JCB is the only international credit card brand that originated in Japan and was founded in 196 1. 198 1 year, JCB established its overseas business subsidiary, JCB International Credit Card Company, and began to expand its overseas business as an international credit card brand. At present, JCB cooperates with more than 350 major banks and financial institutions around the world and can be used in 190 countries and regions around the world.
4. China UnionPay
Established in March 2002, China UnionPay, headquartered in Shanghai, is a joint bank card organization in China approved by the State Council and the People's Bank of China. Through the inter-bank transaction clearing system of UnionPay, banks have realized the interconnection between systems, thus realizing the inter-bank, inter-regional and cross-border use of bank cards. UnionPay network is spread all over China, and has been extended to Asia, Europe, America, Oceania, Africa and other 160 countries and regions.