How do MasterCard and Visa credit cards differ?

The two primary credit card companies are Visa Inc. (V) and MasterCard Inc. (MA), While both companies offer credit cards with similar features and usability, there are some differences, though most users won’t notice them as many merchants accept both cards. read more

Today, not only do businesses accept credit cards, but services such as PayPal Holdings Inc. and Square let everyday people accept payment via Visa or MasterCard. Where Visa and MasterCard Differ While differences in interest rates, credit limits, rewards programs, and perks are controlled by the issuing financial institutions, Visa and MasterCard compete for those financial institutions. read more

Credit cards are issued by banks, and those banks are the ones that set interest rates, charge fees and offer rewards. Visa and Mastercard are payment networks: They process payments between banks and merchants for purchases made with the cards. read more