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      Question

      What role does VISA play in the card payment

      ecosystem?
      A It issues credit cards directly to customers Correct Answer Incorrect Answer
      B It acts as an intermediary network between issuing and acquiring banks Correct Answer Incorrect Answer
      C It provides loans for merchant transactions Correct Answer Incorrect Answer
      D It regulates foreign exchange for card transactions Correct Answer Incorrect Answer
      E It provides insurance cover to card holders Correct Answer Incorrect Answer

      Solution

      VISA is a payment network, facilitating card transactions between issuing bank, acquiring bank, and merchants.

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