Most of the people use visa card, among which many of them use MasterCard. The people who use MasterCard may not know about visa card. And people using visa card may not know about MasterCard. But many people around us even don’t know about any of these cards. As in my previous article I have written about the difference between credit card and debit card. Today I am going to tell you about the visa card and the master card.
Visa card is the world’s largest retail electronic payment network. Visa card has been designed to fulfill the certain needs of life and achieve a perfect lifestyle. Now the users of visa card have to pay with the help of debit card or with their credit card.
Visa provides worldwide currency which they can use anywhere in this world at any time. Visa card holder can use this card for payment in more than 200 countries.
Visa card provides peace of mind to the card holders since with this the user can pay before with the use of debit card and also pay after an interval of time with their credit card. And can use anytime and anywhere in this world.
Visa card has 16 digit pin number a 3 number code. Visa card are the visa pay wave.
MasterCard is based on mesh network where it is not necessary to pass through the center point. In the MasterCard the transaction directly reaches to the endpoints. However, Visa cards use star network since every transaction has to pass through the center point.
As of visa card, MasterCard is a card payment network. It provides various financial services to banks as well as clients. MasterCard also provide facility to do payment all around the world.
MasterCard are the pay pass and it is a contact less payment card as that of visa card. For the payment device terminals are used rather than swapping machines.
MasterCard Secure code is new service. It provides you your personal code to protect your online transactions. Like using pin code will doing transaction with ATM card.
By taking an overall view we can say that visa card as well as MasterCard both are worldwide electronic payment network. With these cards we can do transaction at anytime and anywhere in this world.