This service domain orchestrates the activities related to the inclusion of new Acquirers and Issuers in the Card Network, their terms and conditions and their status.
Examples of Use
The Card Network signs up Acquiring Banks for recruiting and setting up accounts for merchants and Issuing Banks for issuing cards to its customers.
Cards issued by banks are affiliated with one of many international Card Networks, such as Visa, Master Card, Diners, American Express. This service domain is used by the Card Network for setting up Acquiring and Issuing Bank accounts and their terms and conditions.
Related Business Scenarios
Core Business Object
- Acquiring bank facility terms administration
- Issuing bank facility terms administration
- Participant bank service status maintenance