What's the difference between visa and MasterCard?

The difference between them is slightly different in definition, scope of use and cost.

1, with different definitions: Visa card is a credit card issued by VISA international organization, ending with 1982; MasterCard, founded in 1966, is a bank card company dedicated to providing consumers around the world with a more convenient and efficient financial payment environment.

2. Different scope of application: VISA cards are more popular in the United States and Asia; MasterCard is more popular in European countries.

3. Different fees: cardholders need to pay about 1% currency conversion fee when using VISA card; When you use MasterCard, the cardholder does not have to pay the currency conversion fee.