Tag: interchange network

  • Interchange Network 

    This is the fourth text in the series explaining how payment cards and wallets interact. The purpose of this text is to provide some details about operations of the interchange network in the process. In this text, I will use the term “interchange network” for any card network, and for all components that do not belong […]

  • How payment cards work 

    This is the first text in the series explaining how payment cards and wallets interact. The purpose of this text is to define terminology and to explain basics about card processing.