Co-badged card Definition.

Card carrying two payment brands; in France, typically CB (the domestic scheme) + Visa or CB + Mastercard. The Interchange Fee Regulation (IFR, Art. 8) gives cardholders the right to choose the brand at the point of sale, while merchants can set a default brand on their terminal. The issue is cost: routing through CB or through an international scheme does not cost the merchant the same.

All 151 glossary terms · All guides