2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
According to data from the National Financial Research Agency, the proportion of those who actively use bank cards in Russia by 2017 will be 65 percent of the total population of the country. Already today, almost half of Russian residents use cards to receive wages and other transfers, and 42 percent use them to pay
various goods and services.
What is the advantage of the card?
The widespread use of plastic cards is determined by the fact that they are convenient and safe to use. For example, those who have plastic cards do not have to carry large amounts of cash with them, and they can pay in most stores without wasting time counting money and coins. They also have quick access to banking services. MajorityRussian residents use the cards to receive wages, transfer pensions, social benefits and scholarships. In this case, the client does not make a choice in favor of a particular card, he simply agrees to what the bank and the employer offer. If a person wants to receive this means of payment on his own, then he needs to make a choice from many different payment systems and banks.
Which is better: Visa or MasterCard?
The choice should begin with determining your own needs. This may help you figure out which card you need.
- First decide if you need a credit or debit card.
- Decide on the planned use of additional products using these payment methods.
- Where will you use the card? If you have plans to travel abroad, then find out how the Visa differs from the Mastercard.
- Pay attention to the classes of bank cards when making a payment instrument.
All this will help you choose a card that will meet your needs.
Which is better: "Visa" or "Mastercard" (by territory of use)?
The question of choosing a payment system is relevant for those holders who often travel abroad and pay for purchases in stores in other countries using a card. Accordingly, if you do not have plans to use the card outside of Russia, then the question is on the topic: “Which is better:Visa or MasterCard? - no longer relevant for you.
The main currency of the VISA payment system is the dollar, while MasterCard has the euro. This feature affects the comfort of use in different countries. Let's look at an example. You buy gifts for your relatives in a London shop using a bank card.
- If you use the MasterCard payment system, the funds from your ruble account will be automatically converted into euros.
- If you use VISA, then the payment system first converts rubles into dollars, and only then into euros.
It's easy to guess which is better - "Visa" or "Mastercard" - in London. It is more profitable, of course, to have a second one, since the conversion is paid once. Accordingly, it is more convenient to pay with Visa, for example, in New York, since when paying for goods, the conversion occurs immediately from rubles to dollars. If you want to pay with a MasterCard, you will have to finance an additional conversion.
"Visa" or "Mastercard" - which is better (choose card class)?
All cards issued by banks can be combined into several classes: electronic, classic and elite. You need to choose a class depending on your needs.
- Electronic cards will suit you mainly in order to cash out your account. You can also pay for goods in stores, but each time you need to enter a pin code. The advantage is that they have a low production and maintenance cost, and there is alsothe possibility of obtaining and replacing this means of payment simply by visiting the bank office. The disadvantage is that you cannot pay by card on the Internet.
- Classic cards are suitable for those who actively pay for goods and services by bank transfer. You can also advise them to tourists and businessmen who often go abroad. The card takes several days to be made, as it is personalized.
- Elite cards have additional privileges and abilities. There is a program of discounts, as well as services in banks on preferential terms. The downside is probably that the annual maintenance is expensive.
So we figured out which card is better - "Visa" or "Mastercard", as well as what features the cards have. So which one will you choose?
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