Types of Credit Cards

Almost everyone has a credit card in the wallet. But not everyone is aware of the types of such plastics and the tips for their service. Here we observe what types of credit cards there are, what their differences are, and what to pay attention to. Major types of credit cards can be classified according to several parameters: the means of payment; the type of payment system; the type of loan limit. Payment Options: Magnetic card. The most common type of credit card. Plastic is provided with a special magnetic strip containing the basic information on the credit card. The data necessary for calculations through terminals, ATMs, etc. is transmitted… Read More

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Visa vs MasterCard: Major Differences

World leading banks offer cards under Visa and MasterCard payment systems.  They may envisage various bonus options: for travelers, fans of football, car owners.  Anyway, for many question of what international brand is better and why is a confusing one since the differences between them are not obvious. However, why don’t you learn about this? Firstly, you need to understand a notion of a payment system. This is a service for transferring electronic money, carried out according to a set of rules and by the means of software and hardware. Global & Powerful Visa and Mastercard are global players: they are both very famous and widespread. Both of them allow… Read More

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How to Protect Your Credit Card from a Fraud

To pay for goods or services with a credit card either in terminal or online is a common thing nowadays. Moreover, access to the Internet banking is absolutely free. What is needed is just to perform a simple technical algorithm: to type your login or mobile phone number and password which you made up after receiving a card. Next, you will have the access to the full range of services that a particular bank provides online.                       So, all the benefits of cashless payments are obvious. But be sure not to reveal any info about your card to strangers or… Read More

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