They provide the digital infrastructure to have payments and money flows
Payment processors are other companies which use payment networks to process said transactions. Then often have their own rules which are more strict than payment networks
I don’t know, every news story I read on this said “Mastercard and Visa”. I don’t see how whether they are technically considered “processors” or “networks” matters to me or the issue.
They provide the digital infrastructure to have payments and money flows
Payment processors are other companies which use payment networks to process said transactions. Then often have their own rules which are more strict than payment networks
And the difference that makes for me is what?
That it isn’t Mastercard and Visa’s fault but the payment processors’
Making this meme disinformation
I don’t know, every news story I read on this said “Mastercard and Visa”. I don’t see how whether they are technically considered “processors” or “networks” matters to me or the issue.