Credit Tips: Visa versus Mastercard. What are the differences? “Better Credit, Better LifeR
Updated: Mar 29
Visa and Mastercard are the two largest payment processing networks in this world. They do not issue cards directly to the public like Discover and American Express do, but rather through member financial institutions or co-branded partnerships that are affiliated with them. Despite being publicly traded, these two companies have their own unique edges and operate differently in terms of fee structures.
In general, Visa is known for offering 3 card levels: traditional, signature and infinite, all of which come with individual provisions for the issuers. On the other hand, Mastercard is known for offering standard, world and world elite.
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