Issuing Bank Definition
An Issuing Bank is the financial institution that provides a payment card, such as a credit or debit card, directly to a consumer (the cardholder) and is respon
An Issuing Bank is the financial institution that provides a payment card, such as a credit or debit card, directly to a consumer (the cardholder) and is responsible for authorizing transactions, managing the cardholder's account, and bearing the primary credit risk associated with the card. This institution acts as the cardholder's representative within the four-party payment network, ensuring the availability of funds or credit for a purchase.