What is a Visa Card? What is the difference between Visa Card and MasterCard.

On this article, we will know what is Visa Card? Also, we will understand the difference between Visa Card, MasterCard and RuPay Card. Friends, after the demonetisation in the country, the attention of people went towards cashless transaction. Before that most people did not know about Debit Card, ATM Card and Credit Card.

 

You will also definitely have a plastic card of any bank. You will be used to withdraw money from ATM machine for online shopping and other online transaction works. If you must have gored while using one, you would have seen that these plastic cards have Visa Card, MasterCard and now RuPay Card is written on top of the new Debit Card.

Do you know what that means? When it is a debit card or credit card, then written above it creates confusion for the common man. The solution to your problem is in this post. So let’s know what is Visa Card (What is Visa Card) and what is the difference between them.

Table of contents

What is a Visa Card? (What is Visa Card in Hindi)

Visa Card is a common payment card, which we present with you in the form of debit or credit card. Now since it uses Visa Network. Hence it is called Visa Card. If you understand in simple language, when the banking service started in our country, then there was no plastic money card available. People had to go to the bank to withdraw and deposit their money.

But over time the number of account holders (account holders) in the bank became increasingly large. Due to which, people started taking long lines for withdrawing and depositing money from banks. Due to this, people used to spend more time in depositing and withdrawing money. Banks also had to work harder due to this. Finding a solution to this problem, banks started installing ATM machines everywhere and also started providing ATM cards to their customers.

Despite this facility, a problem came before the customer. Since your ATM card could withdraw money from the ATM machine of the same bank in which you have an account and ATMs of one bank were not present everywhere. The solution to this problem was found by two Financial Institutions Company, one is Visa Inc. (Visa Card) and the other is MasterCard amidst a lot of struggle of banks.

These companies tie-up with banks spread across the world and provide a number to banks. Banks linked this number to their card holders’ account. That is why you must have seen that a Card Number is written above your Debit or Credit Card. Because of this number, the data of all the card holders is stored on the servers of these companies.

A payment network was prepared between the banks after accessing the information of the card holders of all banks on one server. Now you could withdraw your money by swipe a card at any bank ATM. Overall Visa Card (Visa Inc.) is an American multinational financial service provider.

If you have a Visa Card logo on your Debit or Credit Card, then it means that whenever you use your card to withdraw money from another bank’s ATM machine, while shopping online or swipe the card, your money To make debit (lane) or credit (transaction) from your bank to another bank, Visa Inc. Will do

This means that the Visa Card works as a middleman between your bank and the bank of whom you have to credit or debit the money.

What are the benefits of Visa Card?

If you are thinking of applying for Visa Card, then it is very important for you to know what are the benefits of taking it. Let us know what is the benefit of Visa Card.

• Visa inc. For general inquiry or any kind of service information. Has provided a customer support number for its card holder. This toll free number provides support for 24 hours throughout the week.
• You can use Visa Card not only in India but also in any other country. Visa Inc. Provides its service in more than 200 countries.
• If you shop online then Visa Card gives special offer to its customers. Which you can take advantage of as cashback, gift card.
• One big advantage of having a Visa Card is acceptable everywhere. You can pay any mall, petrol pump anywhere.

What is the difference between Visa Card and Master Card?

MasterCard and Visa Card are the two most prominent international payment network companies in the world. What is the difference between these two major companies?

Visa Card MasterCard

 

Visa Card is a multinational financial company.

MasterCard also provides a multinational financial services.

 

Visa Card can be accepted anywhere.

MasterCard is also accepted everywhere.

 

Visa Card gives you protection during online shopping.

MasterCard also provides you protection during online shopping.

 

Using Visa Premium gives you travel and shopping discounts.

Using the World title MasterCard offers you exclusive discounts, tickets and premium benefits.

Now if it is said by mixing it, then there is no difference between Visa Card and MasterCard. Both companies provide the same service. Even the service cost of both is same. My opinion is whatever you like according to your opinion.

Conclusion

In this post you know what is Visa Card? (What is Visa Card) as well as what is the difference between Visa Card and MasterCard. Also, friends, today we are leaving the use of all cash and moving towards digital payment. There is no repeat in this that it is making our life very simple. But you have to be careful while using these Plastic Cards. Hope you have liked this post, if yes then give it a little time and share it with your friends on Facebook, Whatsapp.