What's the difference between MasterCard and Visa?

1. First of all, the scope of application of the two is different. Generally, there are more Visa credit cards in the United States and more MasterCard credit cards in Europe.

Secondly, their business scale is different. Visa credit card business covers more than 200 countries and regions, and MasterCard credit card business covers more than 265,438+00 countries and regions. Visa credit card transaction volume is greater than MasterCard credit card transaction volume.

There are more ATMs in the world that support MasterCard cash withdrawal than those that support Visa credit card cash withdrawal.

The rates of these two cards are different. There is little difference between the fees charged by Visa and MasterCard, and the specific fees charged by a card are also related to the issuing bank.

MasterCard is a bank card jointly issued by banks in mastercard international and around the world.

MasterCard is committed to providing consumers around the world with a more convenient and efficient financial payment environment. MasterCard provides global business links for global financial institutions, governments, enterprises, merchants and cardholders through consulting services of payment joining, processing centers and payment industry. With its core products such as MasterCard_, Maestro_, Cirrus_, credit cards, debit cards and prepaid cards, as well as innovative multifunctional platforms such as MasterCard PayPass and MasterCard inControl, MasterCard has continuously promoted its global business and provided services to consumers, governments and merchants in more than 265,438+00 countries and regions.

American financial institutions established an internationally accepted credit card system in the late 1950s and early 1960s, which became popular all over the world. 1966, some banks formed an organization called Inter-bank Card Association. 1969 The Bank Card Association purchased the patent right of MasterCharge, and unified the credit card name and style design of each issuing bank. In the following ten years, MasterCharge's original name was changed to MasterCard.

VISA, also translated as Visa, is a credit card brand managed by Visa International in San Francisco, California, USA.

VISA card was issued in 1976, and its predecessor was American bank card issued by Bank of America.

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