As the name suggests, here in this article, we will be getting to know about the:

• Companies
• Banks &
• Financial institutions that issue credit cards.

Below we have listed the top 15 card issuers for your information:

(Abbreviation: MCH = Million Card Holders)

Now we will give you a basic understanding of the top players in the credit card industry:

Visa

It is a global credit card giant. It has a merchant base of over 8 million across the world. It has a wide range of offerings stretching from traditional benefits to premium ones. It also offers an e-card facility.

Master Card

It is the second-largest credit card network in the US after Visa. It offers a secure credit card facility using embedded chip technology. It processes transactions in over 210 nations and deals in almost 150 currencies.

American Express

It has active operations in over 130 nations and is counted among the world’s largest credit card issuer and also in terms of credit card transactions with an average of 6 billion annual transactions. Its prime focus is one HNWI with high credit scores.

Citibank

It began its active financial operations in 1812. It concentrates on customers that have more than average credit spending. It offers two kinds of rewards programs to its users:

• Simplicity
• Thank You

It offers an online tool called CitiManager online to its members, to facilitate the management of multiple accounts online.

To conclude, almost all credit card companies are mainly based in West and that too in developed nations and to operate on the safe side i.e. avoid payment defaults, they issue credit cards based on strong client credit scores.

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