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Bank Card Association |
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Bank Card Association A network or organization owned by banks that processes transactions by bank cards. That is, a bank card association gives a bank the right to issue a card and authorizes debits and credits put on the card. It charges a fee (often assessed per transaction) for performing these services. Visa International and MasterCard International are the major bank card associations in the United States. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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