kaardivõrkude
Kaardivõrkude (meaning "card networks" in Estonian) is a system of interconnected organizations and networks that process, verify, and clear financial transactions, particularly in the context of payment card systems.
The kaardivõrkude system typically involves a group of participating institutions, including banks, credit unions, and other
The core components of a kaardivõrkude system include card-issuing banks, card-acquiring banks, and card networks (such
Kaardivõrkude systems rely on standardized communication protocols and data formats to exchange information between network participants.
In addition to facilitating payment transactions, kaardivõrkude systems also support various risk management and security measures,