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International Commerce Review

, Volume 7, Issue 1, pp 54–59 | Cite as

What are Visa and Mastercard for and who are they really serving?

  • Arnd HuchzermeierEmail author
  • Ludo Van der Heyden
Original
  • 77 Downloads

Abstract

Today’s payment card system should offer a ‘win-win-win’ between consumers, retailers and banks. But it is not working. A new analysis shows where the problems lie, and how to make the system work better.

Keywords

Payment System Loyalty Scheme Card Payment Debit Card Member Bank 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag 2007

Authors and Affiliations

  1. 1.KoblenzGermany
  2. 2.BrusselsBelgium

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