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What is the difference between a principal and associate members OF VISA international association carD payment system?
Wiki User
∙ 9y ago
A principal member may issue cards, acquire members, provide authorization services, and more. The principal member can do this directly or through other members. An associate member must be sponsored by a principal member, and can carry out any or all the functions of the principal member, if the principal member agrees to be responsible for their actions.
Wiki User
∙ 9y ago
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