What is the purpose of Visa, MasterCard and other such entities?

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What are these things? Why do banks need to use them?

There is the slogan; “for everything else there’s MasterCard”. As user of cards does this awareness benefit me I’m any way when I don’t have a choice in what card I get as it’s up to my bank?

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Anonymous 0 Comments

Yes I get you why don’t banks have their own internal visa or Mastercard. Why is it a seperate brand that they all have to use.

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