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"Visa" and "Mastercard". "Mastercard" and "Visa" in Russia. Visa and Mastercard

"Visa" and "MasterCard" are payment systems, which many banks of the world use for payments on cards belonging to both individuals and legal entities. More details about the systems, the history of their occurrence, about how they differ, will be discussed in our article. We will also answer the question of what to do if your Visa and MasterCard card is blocked.

A bit of history

It all started with the fact that in 1958 one American bank, namely Bank of America, issued a payment card, incidentally, a novelty for its time. After the flow of customers wishing to get a "piece of plastic with money" so increased that it was necessary to do a separate service company, called Bank Americard Service Corporation - it was a prototype of the Visa payment system. Her memorable name, she received a little later. And this is not an abbreviation, but literally a "visa", a short and easily stored name. For the first time, cards with a bright blue logo were released in 1976. As for the Master Card, it was founded a little later (if you count for the year of the foundation of the "Visa" 1958), namely in 1966. Several, again, American banks have concluded an agreement to issue a single payment system, called Interbank Card Association. Later it was also changed, choosing a more capacious and concise Master Card.

Market share of payment systems

Since Visa and Mastercard are extremely popular systems, one of these logos can be found on 83% of payment cards in America and other developed countries. Actually, the "Visa" is somewhat more popular than its competitor, it has a share in the world market of about 57%, which is a large part of it. As for "Mastercard", here the figures are somewhat more modest - 26%. Today, the maps, which bear one of these logos, are accepted in more than 200 countries. Note that the "Visa" and "MasterCard" are payment systems originally based on the dollar. It is not surprising, because their homeland is the United States. But, one way or another, you can get plastic practically in any currency of the world, most banks work with them.

What is the difference between "Mastercard" and "Visa" cards?

Actually, if you are in Russia and ask this question to an employee of a public or private bank, then you are unlikely to get a definite answer. For Russia, there are no significant differences that can fundamentally affect the choice of the system. Banks sometimes arrange promotions and advertising campaigns that call for choosing a particular system, but rather, this means that their terms of cooperation are more profitable. Of course, the payment system "Visa" and "Mastercard" differ from each other. Firstly, the only currency for the Visa system is the dollar, which means that all payments that require currency conversion (for example, you pay with a Visa card for TV in China) will be made through the dollar. In the "Mastercard" system there is some choice, because it works not only with the dollar, but also with the euro. In some cases, it may be more profitable. Moreover, in Russia, for such calculations, correspondent accounts are used in euros.

Which card should I choose: with the "Visa" or "Mastercard" system?

It is not necessary to say that a piece of plastic - a bank card - is not yet an account, but only a way, the key to it. And he, the account, in Russia can be in rubles, euros or American currency - in dollars. In general, as mentioned above, you need to pay attention to the choice of a card with a link to a certain payment system when you often go abroad or make purchases in foreign online stores. If you intend to use the "plastic" exclusively at home, then the "Visa" and "Mastercard" system are equivalent. But travelers or shopaholics have something to think about. Here are examples: for example, you are in Amsterdam and want to pay for a hotel, while you have a card attached to the ruble account. When paying with a "Visa" card, currency conversion will proceed as follows: rubles-dollars-euros, and nothing else. When using a card with the logo "MasterCard" the scheme is simplified: rubles-euro. Given that double-triple currency conversion is an extra percentage, albeit small, withdrawn from your account, then for frequent trips to Europe to countries with currency "euros" and others it is better to give preference to "Mastercard" cards. As well as for trips to the United States, it is better to use a binding to the Visa system.

Freedom of choice: a little more about the features of the cards of the payment systems under consideration, which may affect your preferences

Below are some features of Mastercard and Visa systems in Russia and other countries:

  • In view of its prevalence, the Visa payment system has much more ATMs for withdrawing money in the world and in Russia than its competitor, the MasterCard operator. This can be a significant advantage in favor of the choice of "Visa" cards in the event that you are accustomed to travel to exotic and not quite civilized countries. In Cambodia, for example, very few ATMs, so the probability of seeing a blue logo is much higher than any other.
  • It is noteworthy that both systems do not have limits for withdrawing money from ATMs that belong to third-party systems. This can greatly facilitate life and travel around China, where the most common payment operator is the local China UnionPay.
  • Pay attention, payment by cards "Visa" and "MasterCard" purchases on the Internet has such a nuance. The so-called "confirmation code," or rather its designation, the systems are different. So, for the "Visa" cards the abbreviation CVV2 is accepted, and for "MasterCard" another one is CVC2.

Here such differences, but still the main issue is the conversion of funds when going abroad. Remember the simple rule: if you go to Europe, choose "MasterCard" cards, if in the USA - Visa, in Russia - what you like best, or what the bank offers.

Cards "Visa" and "Mastercard" of the Savings Bank of Russia

The country's main bank issues cards that can be tied to one of the payment systems in question. You can make your own choice. Also, the bank, together with major Russian and foreign companies, offers various bonus programs, which can later be converted into additional incentives, free tickets and so on. Before you issue a card, think about what lifestyle you prefer and what services you use most often. For example, if your work or business is associated with frequent flights, or you just travel a lot alone or with your family, it will be beneficial to choose the Visa system and connect the card to the joint program of Aeroflot-Aeroflot-Aeroflot-Aeroflot-Aeroflot-Aeroflot. By paying for the "plastic", you accumulate virtual miles, which after can be converted into miles real - you can exchange them for a ticket to anywhere in the country or the world. Details of such programs can be found in any branch and branch of Sberbank. That's how to use cards not only convenient, but also profitable.

What should I do if my card is locked? Typical causes of card malfunction from the system

This is a nightmare of any traveler - when paying for the goods abroad, suddenly find that his "Visa" and "Mastercard" cards are blocked. What to do in such cases? First, do not panic. The fact is that banks never disconnect your card "specially", mainly it is done by the system, in the settings of which some criteria are specified that allow you to calculate the malicious use of the card (for example, it was stolen from you, and someone wants to commit it Purchase). Among such indicators can be:

  • Transactions made abroad, while you have not traveled abroad before. This can equate to the atypical behavior of the client and eventually lead to the blocking of the card.
  • The amount of the transaction. For example, if you "suddenly" wanted to make a major purchase, spending all the money that is on the account, and even abroad - on account of almost 100% of the transaction, which is part of the so-called risk group.
  • Also your typical purchases are tracked. If earlier you bought clothes, food and cosmetics on the map, and then suddenly you wanted to buy the most modern computer or laptop, or, say, skis with shoes, it could also lead to blocking the card.

Also, the system will immediately disconnect your plastic from the service if you bought an hour ago in Omsk, and after 60 minutes tried to withdraw money from it in the US ATM. Agree, physically this is impossible. But the case described is a typical card fraud that banks have learned to track fairly well. In general, we can conclude that the financial institutions are blocking the block for our own good. In order to somehow prevent this unpleasant surprise, the application for a card can additionally indicate which countries you visit most often to withdraw them from the risk group, and also warn the bank at every trip abroad. Often this really helps to leave your "account key" in working order and not be in the middle of Paris or New York with a useless piece of plastic in hand. But this is only prevention, below we gave a brief guide on what exactly it is necessary to do when the Visa and MasterCard cards are blocked.

A quick guide to unlocking cards of known payment systems

If you are in Russia, the easiest way is to go to the nearest branch of the bank and write an application for unlocking the cards. Usually it is put back into work right in front of you. Separate financial institutions, mostly private, provide card unlock services over the phone. In this case, you can call the multichannel line and, by connecting to the operator and calling the card number, the code word, and also, possibly by answering a few questions regarding your personal data and payments made, unlock your card. It is important - when getting plastic ask, and is it even possible in the event of disabling your "key to account" to re-activate his work on the phone. Many banks provide this type of services, and many do not. Therefore, if you suddenly stayed with a blocked "Visa" or "Mastercard" card issued by Russian institutions, and the bank does not support the card unlock feature without a personal arrival to one of its branches, you will not be able to unlock it.

Conclusions and conclusion

Unfortunately, all the rules listed in the paragraph above concern the cards of foreign banks, since their branches are subordinated to Russian realities. For example, if your Royal Bank of Scotland card is blocked abroad, you can not unlock it at the branch right there, abroad. I'll have to fly back to Russia. Anyway, with frequent trips abroad, you need to clarify the issue of the possibility of unlocking cards, and just in case not "put" eggs in one basket, but have "plastic" at once several banks. Then abroad you are not threatened to remain without money.

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