Visa card (English: Visa card) is an international payment card, issued by Visa in association with domestic banks, for the purpose of withdrawing money, buying goods online or paying at Acceptance points worldwide.
Visa card
Concept
Visa card in English is Visa card.
Visa Card is an international payment card, issued by Visa in association with domestic banks, for the purpose of withdrawing money, buying goods online or making payment at points of acceptance worldwide. .
Visa cards began to appear in 1976 and were issued by Visa (Visa International Service Association) – a payment company based in California, USA that has tens of millions of accepted locations in the world. gender.
It can be seen that Visa is now widely used around the world, integrating a lot of special benefits, thus it overcomes the disadvantages of credit and debit cards.
Visa card types
According to international convention, Visa card is an ATM card, including 3 types of Visa debit card, Visa credit card and Visa prepaid card.
International debit card (Visa Debit)
As an international Visa-branded debit card, the bank will issue when opening a payment account. Therefore cardholders will spend, withdraw money with the amount they have in the account. One of the biggest differences from domestic debit cards (popularly known as ATM cards), this card can be used globally, as well as purchased online from e-commerce sites such as Tiki, Lazada. ..
International credit card (Visa Credit)
Visa Credit Card (Visa Credit) is the card that the cardholder will be given a cash advance by the bank to spend on purchases and is responsible for returning it to the bank later. Therefore, credit cards are also known as “spending first, paying later” cards. Cardholders need to pay properly and fully the amount borrowed from the bank, otherwise the penalty and interest is quite high.
Prepaid Visa Card (Visa Prepaid)
Visa Prepaid also allows cardholders to use the amount they have the same as a debit card, but the money is on the card and not in the account. Prepaid cards of some banks are limited to two important features: transfer and withdrawal at ATM. There are also banks that issue virtual prepaid cards (non-physical cards).
All of the above are physical cards. There is also another type of non-physical card – virtual Visa card, virtual Visa actually is a prepaid card but no embryo card. VPBank, Sacombank are typical banks that open virtual Visa.
Benefits of Visa Cards
Released in order to bring many benefits and convenience to domestic and international customers when using. Here are the benefits to use:
Highly convenient
Can be easily paid at locations that accept card payments and swipe when not carrying cash. This helps to reduce cash flow and helps to reduce inflation.
Support customers to look up account information by SMS Banking, Internet Banking or at ATMs. Withdrawing money at home and abroad, the money will automatically be converted to the value corresponding to your country’s foreign currency, so you will no longer have to waste time converting money.
Extremely easy to use
+ Just a few simple steps, you can become an expert when using
+ Accepted in many places and easy withdrawals.
+ Help pay directly, pay bills when buying online …
+ Support to transfer, reduce service cost when transferring money abroad.
Security and safety
Using this card will help you limit carrying cash, in case of theft can still get back the money lost by locking the card in time. If you lose your card, just contact the bank immediately to lock the card, re-register a new card and convert the remaining amount of the card into a new card.
Especially, Debit Visa card has low frequency of association with banks, providing high security and limiting the ability of hackers to intrude and steal money from accounts.
(Reference: thebank.vn)
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