Платежная карта сегодня присутствует в кошельке any modern person. With its registration in many banking institutions you will be offered a payment system to choose from: Visa or MasterCard. For the right decision, find out what their main differences are. If you ask such a question to an employee of a financial institution, basically the answer follows: "In general, there are no significant differences." To understand the same nuances, it is necessary to consider how the Visa and MasterCard payment systems work. The knowledge of their functional features will give a person the opportunity to make purchases without leaving home and not wasting his personal time.
If you use the cards of these systems without going abroad, they do not have large differences. However, if the card is used in different countries of the world, then some features are found.
Payment systems are very similar to each other, buthave some differences. If you look at the geographical possibilities of operating bank cards, you will notice: Visa stands out because it is popular and in demand in almost every corner of the world. Its share of activity in the world is about 57%, which is a very high figure.
However, the second card of the system -MasterCard, distributed by about 27%, and a large proportion in Europe. It is for this reason that it was felt that the first system is American, and the second is European, although this is not the case. Both companies have main offices located in the United States. The main currency of Visa plastic cards is the US dollar, and both dollar and euro can be used in MasterCard.
If the card is used when traveling abroador for purchases of foreign goods, it is worth exploring the main characteristics and choosing the best option for yourself. But in your own country it does not matter which system you choose to use. However, it should be noted that if you withdraw money from a card in a foreign currency, then there is a mandatory conversion. It is necessary to remember, in order not to lose money. Well-known payment systems can be used almost anywhere in the world, which makes them reliable and versatile.
When cash is requiredIn a foreign currency, a process such as conversion takes place. This is a transfer of funds from a foreign currency to the state, in other words, to the currency of the country where you are at a given time. How does the Visa payment system, you can find out by reading this article.
If your card was opened in the territoryRussia, the calculations for it are made in rubles. Visa payment system is quite simple and convenient. For example, if you need to make a purchase in China and pay in RMB, then the conversion will take place according to the following rules.
Knowledge of these rules will help to understand how the Visa payment system works.
The process of currency conversion in general is taking placesame scheme as described above. But there is one thing: in this system, conversion takes place not in US dollars, but in euros. The rest of the procedure is identical. That is, we see that there is no fundamental difference when working with these payment systems. When choosing a card for yourself, be sure to note how often you plan to leave the country, as well as make purchases in foreign currency. It is from these life circumstances that we must proceed in order to make the right choice of a payment card.
With the help of these plastic cards todaymake a lot of necessary financial transactions that are required for each of us. Payment systems provide the implementation of convenient payment of various purchases and bills, and many customers have already appreciated it.
All banks have different terms of service.payment cards. It depends on the laws and characteristics of each financial institution. If you are going to use the card exclusively on the territory of your country, then you should not choose an expensive option. And if you need to pay for purchases abroad, pay attention to the features and pricing policy of the bank.
Международная платежная система Visa позволяет conduct financial transactions anywhere in the world. If you are the owner of a Visa or MasterCard system, then when you make a new one, select the one that you don’t have yet. In this case, in any country you can use the optimal payment terms for goods and services. This is the actual moment for those who often travel or work outside their state.
In May of this year, the President of Russia passed a lawon the development and creation of the payment system of the country. Now we can safely say that the problem with the operation of Visa / MasterCard systems will soon be solved. The law already exists, which means it is moving forward. In this situation, Western financial institutions will have to work under the new rules. A detailed answer to the question of how the Visa payment system now works can be found in the amendments to the legislation.
Положительный ли это шаг, покажет только время, but everyone expected it. The management of the Visa payment system expressed the opinion that the new work rules may affect its ability to provide services in the Russian Federation. The company is ready to consider all proposals for finding consensus and continuing high-quality and uninterrupted work. The Visa payment system in Russia plans to continue working and find compromises with the government and new amendments to the legislation.
Any bank issues payment cards.Many of us today have this in our wallet. It is very easy to use, and you can not worry about cash. In addition to the different cost of production and service, payment cards have a different design and, of course, different functional characteristics. Having studied how the Visa payment system works, almost every client comes to the decision to become a holder of a plastic card, since it is profitable and reliable.
Cards can be debit or credit.The latter are distinguished by the fact that a bank customer can use money in debt. It can be a purchase of a car or a consumer loan. The term of the loan, as well as the amount depends on each client individually. Payment systems Visa and Mastercard put the working-age and availability of an official place of work as the main criteria. In this case, you can count on a significant amount of the loan. A debit card is designed to use your own money, that is, shopping and paying for services at your own expense. Credit funds for this type of cards are not allocated. Payment systems Visa and Mastercard are very simple and convenient. They allow you not to carry large amounts of cash with you and not worry about them. It is a safe financial tool for a variety of operations.