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The Card Network market is a segment of the financial services industry that focuses on the processing of payments made with bank cards. It is composed of a network of banks, merchants, and card issuers that facilitate the transfer of funds between the parties involved in a transaction. The card network market is responsible for the authorization, clearing, and settlement of card payments. It also provides fraud protection and other services to ensure the security of card transactions.
The card network market is highly competitive, with a number of major players such as Visa, Mastercard, American Express, Discover, and UnionPay. These companies provide a range of services, including payment processing, fraud protection, and loyalty programs. Additionally, there are a number of smaller players in the market, such as JCB, Diners Club, and China UnionPay. Show Less Read more
