Hacker News new | ask | show | jobs
by weavie 3931 days ago
What do you mean by 25k+ banks? There were 25,000 different banks that owned Mastercard? Or is a 25k+ bank a particular type of bank.. Not come across that term before.
1 comments

"Prior to its initial public offering, MasterCard Worldwide was a cooperative owned by the 25,000+ financial institutions that issue its branded cards." [1]

[1] https://en.wikipedia.org/wiki/MasterCard