Visa or Mastercard?
Does it matter whether your credit card is a Visa or Mastercard? Maybe the credit card that has the features you want may not be from the provider you like. But does it matter?
It’s worth knowing the difference between the two providers. Neither Visa nor Mastercard actually issue any credit cards themselves; they are both simply methods of payment (the technology).
The features of a credit card, such as the interest rates, rewards, annual fees and all other charges, are issued by your bank.
Visa supports contactless payment methods such as Google Pay, Apple Pay, Samsung Pay, Visa Checkout and Visa payWave for mobile.
Mastercard supports simple and secure transactions via connected devices using masterpass. This is a single system that lets you shop online or in-app without ever having to enter your personal details.
Both providers deliver technology that provides you with a simple and safe shopping experience that’s protected by state-of-the-art security features.