Bankcard Companies
nounverified· unreviewed·updated Aug 30, 2026
Visa and MasterCard International, Inc. are bankcard companies established as bank service companies. Financial institutions must be members of a bankcard company in order to offer their credit card services. The companies have established membership rights and obligations, and membership is limited to financial institutions.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- Visa and MasterCard International, Inc. are bankcard companies established as bank service companies. Financial institutions must be members of a bankcard company in order to offer their credit card services. The companies have established membership rights and obligations, and membership is limited to financial institutions.
- §1 · legacy_primary
- Visa and MasterCard International, Inc. are bankcard companies established as bank service companies. Financial institutions must be members of a bankcard company in order to offer their credit card services. The companies have established membership rights and obligations, and membership is limited to financial institutions.DR-088 backfill from the noun definition column