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A well known question in the credit card industry is which brand of credit card should I get a MasterCard or a Visa credit card. Visa, MasterCard are basically payment systems rather than credit cards within themselves and they rely on banks all over the world to issue cards that use their payment system. As they do this they take a % of the amount charged to retailers to take payments via these credit cards. In return the retailers get a some assurance that the goods / services they have sold will be completely paid for.So which should you choose?
Visa
Visa is probably the largest payment network in the world with a claimed 20 million outlets in 150 countries around the world accepting a Visa credit card. Visa is issued by 20,000 banks and there are over 1 billion cards in circulation - Learn more about Visa at www.visa.com
MasterCard
MasterCard is fast becoming the number 1 payment system in the world. with 25,000 banks issuing cards and cards being accepted in 210 countries around the world. There are an estimated 22 million locations around the globe where mastercard is accepted.Learn more about Mastercard at www.mastercard.com
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