How do card networks operate? | Decoding: Banks | Episode 3

Mastercard and Visa are the two biggest credit card networks in the world. But what is a card network? How did they begin? How do they operate?
Watch the full series: 11fs.com/decoding
#DecodingBanks #Banking #FinancialServices
In association with Jack Henry Digital, the pioneer of personal digital banking, helping financial institutions strategically differentiate their digital offerings from megabanks, big techs, and fintechs.
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[@montywalsh]

Thank you for explaining how the card networks work, it's surprisingly difficult to find videos on this that aren't EFTPOS/ credit card companies trying to do tutorials on how to use their products. Also, what a cool, informative, smooth and well-animated video!

[@timeichelberger2959]

Really excellent explanation of a complex topic! Thanks very much!

[@JohanMorgan-p8d]

Thanks for the insights! Just a quick question: I have a safepal wallet with USDT, and I have the 12word phrase: ( proof inner hobby bounce blouse able donate virtual luggage cart morning ticket ). How can I send it to Binance?

[@SamStudious]

Very helpful!

[@TeeMilli]

Crypto Blockchain = Public Ledger Visa, MC, AMX, Discover = Private Ledger Debit/Credit Card = Token runs on a Private Ledger

[@syedhussain6130]

Annoying background sound