https://blogs.nvtrends.com/tags/fintech/Recent content in Fintech on NV TrendsHugoen-usThu, 10 Sep 2026 04:35:17 +0000https://blogs.nvtrends.com/posts/2026/what-do-visa-and-mastercard-do-card-networks/Thu, 10 Sep 2026 04:35:17 +0000https://blogs.nvtrends.com/posts/2026/what-do-visa-and-mastercard-do-card-networks/<p>Picture this common scenario: you are standing at a checkout counter in a retail store in Bengaluru or paying for groceries online. You tap your credit card against a point-of-sale terminal, or submit an OTP on a payment gateway. In less than two seconds, the machine beeps, the screen flashes approved, and you receive an SMS confirming that Rs. 2,500 has been debited from your account.</p>