BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India Card
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Master Card
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SBI Cards
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City Bank Cards
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Detailed explanation-1: -Credit Card Associations means Visa, MasterCard, American Express, Discover Network, Diners, JCB, and any other organization that issues or sponsors credit cards or signature-based debit cards that are accepted by state departments.
Detailed explanation-2: -What is Bank Card Association. A bank card association is an organization owned by financial institutions that licenses bank credit card programs. The two national and best-known bank card associations, VISA and MasterCard, have become publicly-traded companies.
Detailed explanation-3: -MASTERCARD® CREDIT CARDShop and travel with confidence Use your Mastercard credit card for everyday purchases-at stores, online and even places that don’t accept cash or checks like hotels. Your Mastercard gives you the freedom to support the lifestyle you choose.
Detailed explanation-4: -A card network (sometimes called a card association) is an organization that facilitates payment card transactions. It regulates who, where, and how cards are used. Examples of card networks include Visa®, Mastercard®, American Express®, Discover®, China UnionPay®, and JCB®.
Detailed explanation-5: -Credit Card Glossary: Terms and Definitions Some major associations are Visa, MasterCard, American Express and Discover.