Which bank card is better, more profitable - Visa or MasterCard: Rules, comparison, difference between payment systems

In this material, we will consider the difference, similarity and superiority of bank cards.

The number of bank cards used by Russian citizens is increasing every day. Each of us is used to paying for the goods not in cash, but with the help of a card. Salary enters credit cards, loans are also issued on them - this is very comfortable, and most importantly, safely. Let's look at bank cards and consider their differences.

Which bank card, payment system is better, more profitable - Visa or MasterCard: Rules, Comparison, Payment Systems

In addition to the standard card, which is received by the salary, the average person today has at least 2 cards of different banking institutions. The question arises - why does a person need so many cards?

• 1 card is a credit card
• 2 card - designed for accumulation

When a person decides to open a deposit in some banking branch, then he will be offered to take a plastic card. During the design of the next card, the client is asked the standard question - what payment system will he give preference?

Today there are several payment systems. However, the VISA card and the MasterCard map are more popular in the Russian Federation. Which one to choose? What advantages do they have?

Thanks to Visa and MasterCard cards, the following operations can be carried out:

• Carry out money transfers.
• Make calculations.
• With the help of cards, obligations of participants in financial turnover are regulated.

The presented payment systems have some advantages:

• Thanks to them, you can carry out a certain type of transaction. For example, buy a product in an online store, carry out conversion. Such operations, as a rule, are carried out very quickly
• Systems have minimal commissions
• The anonymity of each client is guaranteed
• You can withdraw money to any bank account
• All operations are carried out with complete security
• Thanks to such a card you can pay for the phone, Internet, utilities

The presented elements are very closely connected with each other. Intections occur according to special rules. And each participant must strictly observe them. Simply put, payment systems, such as Visa and MasterCard are considered a link that performs various banks related to finances.

So which of these cards is considered better? Let's try to compare them.

• The girth of states. The Visa card has 200 of them, but the MasterCard card 210. Here the second bank card wins.
• Popularity. If we take popularity among countries, then more people are using a visa than MasterCard. The first system has 29% of cards from the total total, and the second is only 16%.
• Prevalence in the territory of the Russian Federation. The VISA card in our state has approximately 80 banking institutions of partners, and 45% is its share. MasterCard has approximately 100 partners among banks. The share of this payment system is 49%.
• The possibility of payment. You can pay with Visa card in almost 20,000,000 trading companies around the world. And you can pay MasterCard with 30,000,000 trading companies.
• Purchases online. Both the first and second system allows you to produce safe financial translations for the selected product. There is no winner here.
• Safety. Both cards have their own safety. The VISA card has Money Transfer (you can transfer from one card to another identical, plus replenish the card using an ATM or terminal). A similar system has a MasterCard card. It is called moneysend. It can also be used by many banks, but is considered less popular. In addition, VISA card has an additional system that is used as protection is Verified by Visa.
• Special map offers. The VISA system has about 50 partner companies in the Russian Federation. Clients have the right to get a discount from 5 % to 10 %. Also very often arranged for owners of cards of various promotions. The MasterCard system is equipped with a MasterCard REVARDS bonus program. The essence of this program is the following - the client, paying his purchases with this card, becomes the owner of bonus points. He can exchange them for various presentations that are in the program catalog. Today, this catalog includes about 200 different gifts. In addition, the card has some discounts, but there are not very many of them.

So, summing up, it turns out the following - MasterCard is considered the best system than Visa. But despite this, the second system, like the first, is considered convenient, safe, and most importantly accessible to all Russian citizens.

What is the difference between a VISA bank card from MasterCard and Maestro: Difference

At first glance, it may seem that there is no special difference between cards. These cards can be used in most countries around the world, both of them work with many banks. If you take practice, then this means the following - to find the institution in which these cards will begin, you need to try well.

Looking at the technical point of view, it is worth noting that there is also a special difference, too, imperceptibly. The speed with which payments are made, the level of security and service is almost the same. But how do they differ?

• First, in the conversion of finance during payment in currency
• Secondly, in the level of service during the use of cards of different levels
• Thirdly, there are some shares that are organized by partner banks of these systems

Both cards have several levels. We list them.

First level:

• Visa Electron and Maestro. As a rule, these cards relate to salary. Services and their level here are identical, the capabilities are minimal in two systems. For example, with such a card you can make purchases with online mode.
• Also, the Maestro card constantly requires a pin code, but the second card is not. However, in practice, everything will depend on the type of system itself, plus on the terminal, which is installed in a particular outlet. The next distinguishing feature is the use of a card outside Russia.
• By default, both cards do not have such an opportunity. You can connect, of course, but for this it is necessary to give a request to the bank. As a rule, this connection is considered free. But, and the Maestro Momentum card, in general, has no similar opportunity.

Standard level:

• Visa Classic and Mastercard Standart. The standard level cards have almost no differences. The client has the right to apply cards in order to carry out by online purchase, to pay for certain goods, services, in order to remove cash at the ATM.
• If we talk about foreign states, then cards function there quite normal.

Premium level:

Visa Gold provides the client with the following services:

• Medical service while traveling.
• Help of a lawyer.
• Booking tickets at the railway station, ordering a place in a restaurant and so on.
• Fast help abroad (if the card was lost or stolen).

Visa Platinum allows the client to use such services:

• The program is sewn up for each perfect purchase.
• Program for extending the warranty period.

There is another premium class card - Visa Infinite. She appeared relatively recently. In addition to the above services, it allows the client to receive bonuses, plus a small discount to receive an insurance guarantee. Plus, thanks to this map, you can organize various crossings, get detailed information about some restaurant, deliver the goods to the right place and become the owner of other pleasant little things.

Mastercard, which belongs to this class, also has some useful programs in its arsenal, but only these are recorded by default: the loyalty program from the bank’s partner, instant help (when the card is lost by the client). The remaining services are provided to customers for a fee. Consequently, during the paperwork, it is worth clarifying whether the client can use any service after connecting.

Who owns the Visa and MasterCard payment system?

Both the first and second system are of American origin.

• MasterCard is a system that was created in the 60s of the 20th century after the agreement was signed between US banks. After the conclusion of this agreement, the Association of several banks was created. This made it possible to simplify certain operations that were taken between individual units of the banks. After 30 years, this system was named MasterCard, and to this day it is so called.
• Visa is an identical payment system that appeared in the United States 10 years after MasterCard appeared. Only in 2007 they created a special company that monitored the functionality of this system. Currently, VISA branches are located in Canada and in many European countries. But only the institution, which is located in Europe, is considered an independent branch that runs European organizations.

The process of converting currencies of MasterCard and Visa systems - where it is more profitable: comparison

The MasterCard system is very similar to the VISA system. The only distinguishing feature is that the Euro is considered to be the MasterCard as a payment unit. This is because most banking institutions that are located in Russia carry out money transfers only in European currency.

Yes, the exchange rate of these systems is almost no different. Currency exchange tariffs, if you work with the MasterCard system, the client will only find out after the operation is performed. But, and the VISA system has constantly open tariffs. Now consider each system separately.

Visa:

• In this system, an American dollar is considered the main current currency. If the main account is in the bank in rubles, and the purchase is carried out in Russia, then the conversion will not be carried out.
• If you buy some product in the state where payment is made only in dollars, then one exchange will be made. If the payment or withdrawal of finances will be carried out in the euro, then the process will be as follows: the Russian ruble, then the exchange will occur for US dollars, then for the euro. There are two exchange.

Mastercard:

• As mentioned above, the main currency of this system is the euro. During the calculation of rubles in the Russian Federation, the exchange is not carried out. If you need to buy a product for the euro, then the conversion will be carried out.
• If you need to pay in dollars, then the rubles will be transferred to euros to begin with, and then to dollars.

Which is better, more profitable abroad: Visa or Mastercard?

Before the vacation season, many people worry about which system it is advisable to choose in order to use it while traveling abroad. This will allow a minimum to pay a specific bank, paying it interest.

So, if you are going to other countries, use the following tips.

• If possible, try to bind the card to the account in a certain currency. For example, if you rest in a European state, then choose the euro. So you can save on conversion.
• If you fail to tie it, then it is advisable to take MasterCard for a trip to Europe. Indeed, in Europe, the system is considered more profitable, since all purchases are carried out only for the euro.

• For a vacation in the United States, it is advisable to choose a VISA card. After all, she will convert Russian rubles to dollars.
• If you are in Egypt or Turkey, then you should look at the currency that will be written off. If you decide to use local money, then the difference will be very small.

What is better to choose, take: a Visa or MasterCard bank card?

The choice of one or another payment system is the case of personal preference of a person. The advantages of two cards can be reduced to a minimum, it all depends on the tariffs of the bank. Therefore, during the choice of the card, you must compare the interest rate of the bank, the duration of the interest -free period, plus additional payments. For example, speaking about converting, then it cannot be argued that the VISA system is more profitable than the MasterCard system when calculating in US dollars. Since the value of the commission of a banking institution for converting is sometimes not very profitable.

• For a large number of additional useful services, the VISA card, as a rule, removes a certain amount from the client. This includes payment for the release and maintenance of the card, although this service may even be even relevant for the client.

• Since the VISA payment system is considered more common, often banks arrange a variety of shares owners of cards, thereby attracting new customers.
• If the client needs a card to withdraw cash or pay a card in certain stores, then it is worth considering the conditions for providing a loan.

The ideal option is to have both cards at the same time. This makes it possible in any specific situation to choose the most profitable option for yourself.

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