When you issue a new card in a bank, you probablywill offer to choose a payment system. And this question puts many people at a dead end, do not everyone know how the Visa differs from Mastercard? Let's try to figure out what is what and what system should be chosen.
general information
For today's world around the world successfullyboth payment systems are common. MasterCard is a European payment system, while Visa is an American payment system. If someone tells you that the main difference of the Visa card from MasterCard is reliability, do not believe it. Both systems operate without major disruptions, all operations are performed at the same speed throughout the world. But please note that not all cards issued by Russian banks operate outside of our country. Check it out very simply, look at your plastic rectangle. If the inscriptions on it are embossed, your card will work abroad, but the symbols or dents printed on the ink indicate the possibility of using the payment instrument exclusively in the territory of the Russian Federation. It's not always bad, if you rarely travel and most often use a map in Russia, one of the lower species, working only at home, will do. A tangible advantage is a cheap service.
What is the difference between Visa and MasterCard when settling abroad?
Go to Europe is more convenient with Mastercard.When withdrawing cash or paying for services, monetary units will automatically be converted into euros, at the rate of your bank and payment system with a minimum commission. Imagine that you and Mastercard decided to visit the United States. In the course of US dollars everywhere, but we have a ruble account. Since the payment system is European, the monetary units will first be transferred to euros and only afterwards to dollars. The operation will not take much time, but imagine the size of the commission. For Visa, the situation looks similar, it is more profitable to pay for cards in the USA than in Europe. What is the difference between a Visa and Mastercard besides this? When converting OIF Visa withdraws commission, only 1.5%, but Mastercard does not have such a commission at all.
Other card differences and special privileges
You notice the difference of the Visa from MasterCard atnon-cash payment by the simplest cards. For example, Visa Electron does not require entering a secret code to write down insignificant amounts from the account, while all MasterCard cards perform the transaction solely after entering the PIN code. Plus or minus it's up to you, but remember that the secret password is protecting your finances. On the other hand, if you suddenly forget the pin code, you will have to change the card. For holders of cards of the highest category, the Visa offers special opportunities, such as free medical or legal assistance. Mastercard can not boast of such services. But remember, in Russia these privileges are not offered by all banks, the cost of servicing the card itself is quite high.
Now you know how the Visa differs fromMastercard, choose according to your needs and taste. And remember that if you choose an average or lower-order map for use on the territory of our country, you probably will not notice the difference between the two payment systems.
