Is MasterCard losing ground to VISA?
#31
Join Date: Jul 2006
Location: LAX
Programs: AA EXP 1.5MM, Asiana Club Silver, KE Morning Calm, Hyatt Platinum, Amtrak Select
Posts: 7,161
i.e.: They offer a "VISA and MC" package, while AMEX and Discover are extra features.
Larger retailers like Sam's Club or Costco can leverage their own exclusive deals directly with MC or AMEX.
#32
FlyerTalk Evangelist
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,501
I wonder if there's ever going to be a US bank that issues UnionPay debit cards. There's not really a need for it though due to Discover working on UP's network and vice versa, but it's interesting to consider.
#34
Join Date: Jul 2006
Location: LAX
Programs: AA EXP 1.5MM, Asiana Club Silver, KE Morning Calm, Hyatt Platinum, Amtrak Select
Posts: 7,161
JCB in the US doesn't necessarily partner with a bank though. It operates more like the old AMEX that it acts as its own issuer and network with co-branded partnerships like Mitsuwa and Marukai supermarkets.
They could go that route. I'm sure Union Pay can go a similar route like JCB where they become their own issuer and network in the US, in a limited area and partner with 99 Ranch Market or so.