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Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
Discover; UnionPay: Discover (Credit cards) Pulse (Debit cards) JCB (Japan Only) BC Card (South Korea Only) RuPay (India only) As of November 1, 2007, UnionPay cards may be accepted where Discover Network cards are accepted in the United States, Canada, Mexico, Central America and the Caribbean.
Unlike Visa and MasterCard, Discover directly issues its cards as both the card network and associated bank, through its Discover Bank unit. When measured by card balances, Discover is the sixth largest credit card issuer in the U.S. behind JPMorgan Chase , Citigroup , Bank of America , Capital One and American Express , and ahead of Wells ...
Visa and Mastercard agree to $30 billion settlement that will lower merchant fees. Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards ...
Eric Revell. June 30, 2024 at 6:57 PM. Getty Images. A federal judge said Friday that card issuers Visa and Mastercard could likely withstand a "substantially greater" settlement with merchants ...
A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. U.S. District ...
Pulse is an interbank electronic funds transfer (EFT) network in the United States. It serves more than 4,400 U.S. financial institutions and includes more than 380,000 ATMs, as well as POS terminals nationwide. Rivals of the network include First Data 's STAR and Fidelity National Information Services's NYCE. It is owned by Discover Financial ...
In the United States, switching to a new Capital One card on Discover’s network from Mastercard or Visa would “not be very noticeable” because most U.S. businesses accept payments via all ...