Overview#Payment Card Industry consists of all the organizations which store, process and transmit cardholder Data, most notably for debit cards and credit cards.
Individual card brands establish compliance requirements that are used by service providers and have their own compliance programs.
Major card brands include:
- American Express
- Discover Financial Services
- Japan Credit Bureau (JCB)
- MasterCard Worldwide and Visa International
Most companies use member banks (Card Issuers) that connect and accept transactions from the card brands.
Not all card brands use member banks, like American Express, these instead act as their own bank (Card Issuer).