1. Different market targets:
Because Visa is headquartered in Europe, it provides better services in Europe and Asia, and its customers are concentrated in Asia and Australia.
Master is headquartered in new york, USA, so its service in North America and Europe is relatively good, and its customer base is concentrated in Europe and North America.
2. Different market activities:
Visa's preferential activities are mainly aimed at overseas people, but there are relatively few activities in China market, and the social attention is also very low.
Master has carried out a series of preferential activities in China, and the rebate is also very strong. At present, many of them are keen to take part in these activities.
3. Different charging standards:
If the card is lost, the fee charged by Master is relatively high, and Visa can generally provide some services for free.
The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.