What is a Card Network?

What Does a Card Network Mean & How Does it Work?

How Card Networks Facilitate Transactions

Card Network Fees

Types of Card Networks

Major Card Networks in India

Benefits of Card Networks for Consumers and Merchants

Conclusion

Coming Up Next

Authorization

Authentication

Clearing and Settlement

Cardholder Initiation

Merchant Authorization

Card Network Routing

Approval/Denial

Settlement

Interchange Fee

Network Fee

Assessment Fee

Open Card Networks

Closed Card Networks

#1 RuPay

#2 Visa

#3 Mastercard

#4 American Express

For Consumers

For Merchants

How to Protect Your Banking Card