4.2 Selecting a Card Scheme

Thredd currently supports global card issuing through both Mastercard and Visa. Below are some considerations when selecting a scheme:

• If you are self-issuing, you should consider the respective sign-up costs and scheme-specific issuer requirements and systems made available for issuing

• If you are using the services of an existing issuer, they may require you to use a scheme of their choosing or suggest a preferred scheme

• Transaction costs associated with processing messages on the scheme’s network may vary, depending on the scheme

• Regions in which the scheme operates

Mastercard and Visa are both global and competitive and offer comparatively similar products and services. You may prefer to select a specific scheme based on the regions in which they operate, any promotional campaign they are currently running or because their service and costs feels a better match for your business requirements. Your Thredd business development manager can help you explore some of these considerations.