Issuing Services

Issuing services encompass a range of activities performed by financial institutions or specialized companies that issue payment cards, such as credit cards, debit cards, and prepaid cards. These services are crucial for the operation and management of card-based payment systems. Two key examples of issuing services include:

Beyond these, issuing services might also include:

These services are essential for ensuring the functionality, security, and convenience of using payment cards, and they play a critical role in the financial ecosystem by maintaining the trust and confidence of cardholders.

Issuing bank: The bank that maintains the consumer’s credit card account and which must pay out to the merchant’s account in a credit card purchase. The issuing bank bills the customer for the debt.