Visa is VISA in Chinese, which is a credit card brand. Visa International Company in San Francisco, California, USA is responsible for the operation and management of the company. The visa was issued on 1976, and its predecessor was a bank card issued by Bank of America.
VISA International is currently the largest international credit card organization in the world. It is a non-profit international organization with the participation of global banks. Its members are composed of banks and other financial institutions, and a global payment and financial service network has been established.
Features:
Under normal circumstances, banks or other financial institutions will charge a certain interest if they borrow money from credit activities under certain conditions such as a certain interest rate and timely repayment of principal and interest. However, if banks and other financial institutions give interest-free treatment to borrowers, it means that borrowers only need to repay the principal on time without paying other interest.
Overdraft cash withdrawal is a small cash loan provided by the bank to help you flexibly allocate funds when you are in urgent need. Generally speaking, you take a credit card from the bank and withdraw cash through the bank counter or ATM, which is a form of borrowing. If you spend money in a shopping mall, take a credit card directly. This is called overdraft consumption (interest-free period).