How a VISA card works and how it's different from other cards; Visa is a payment network.

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SomamBIKE

SomamBIKE

2 ай бұрын

VISA cards are international payment cards. They are made by the Visa International Service Association which is a payments network based in the US. It cooperates with different banks to provide cards.
You can use your VISA card for online shopping and make transactions around the world where the card is accepted. You can also use it to make cash withdrawals, bank transfers, and savings deposits.
A Visa card is a widely accepted payment card that uses the Visa network to process transactions. This type of card comes in various forms, including credit, debit, prepaid, and gift cards and is typically issued by financial institutions in partnership with Visa. The Visa logo on the card makes it easy to identify.
Visa card history began in 1958 when BankAmericard, a multinational financial services company, was established in Fresno, California. Bank of America initially founded the business to offer its clients a credit card service. The business changed its name to Visa in 1976, and today it is one of the world's most extensive computerized payment networks.
Benefits of Visa Card
Visa cards offer a range of benefits, such as access to a vast network of merchants and businesses across the globe, flexible borrowing limits based on the customer's credit score and financial profile, and a unique 16-digit number and microchip for secure storage of user information.
Visa is a payment network. When you buy something with a Visa card, Visa processes the payment, instantly communicating with your bank and the merchant so that the merchant gets paid. This happens whenever you swipe your card, regardless of whether you’re shopping in person, or on your laptop, tablet or cellphone.
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