Question: The difference between a closed-loop card network and an open-loop card network is that an open-loop network has ____. An example of an open-loop network

The difference between a closed-loop card network and an open-loop card network is that an open-loop network has ____. An example of an open-loop network is ____. Group of answer choices

a single company perform both the issuing and acquiring functions; MasterCard

a single company perform both the issuing and acquiring functions; American Express

one group of banks perform the issuing function and another group perform the acquiring function; American Express

one group of banks perform the issuing function and another group perform the acquiring function; MasterCard

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