Visa Electron Introduction & Review

Visa Electron is a convenient debit card that has been in popular use globally since 1985. Known as a “sister card” of Visa Debit card, Visa Electron can be obtained by application in most nations of the world. Since its introduction, it has become one of the most frequently used cash cards in all countries except Australia, Canada, Ireland and the USA. Users of the Visa Electron card can withdraw only the amount of money that is available in the card account, so any funds transferral requests made are only issued for amounts up to the current card balance. In contrast, Visa Debit cards do permit funds withdrawals and transfers of money amounts that are over the total card account’s available balance. However, cash debits that exceed the current card balance must usually be kept to a minimum amount. Major Features and Benefits of the Visa Electron Card In different countries and locations, the Visa Electron card may have varying features, functions and benefits. For example, although this card is commonly issued by card members as a debit card, some banks give it the status and capabilities of a credit card. Cardholders can withdraw funds at automated teller machines (ATMs), both nationwide and internationally in countries that issue and honor this card. Due to the fact that Visa Electron cards are actually linked to the interbank network of Visa PLUS, card users can withdraw money from banking ATMs worldwide, even in countries where the Visa Electron card is not issued. In many countries, banks will approve customers for Visa Electron cards if they do not qualify for credit cards....

Visa Debit Card Introduction & Review

Visa debit cards increase the convenience of nearly every consumer who uses them. No longer is it necessary to carry a checkbook. Instead, you can carry a Visa debit card and have the protection that a normal credit card may have. Protection against fraud gives you the piece of mind that you’ll be protected from unscrupulous business practices and people. Here are some other facts about Visa debit and benefits of being a Visa debit cardholder. What is a Visa Debit Card? Unlike a Visa credit card, a Visa debit card does require that funds be available in a checking account to draw from for transactions. It’s like writing a check without all of the hassle of writing and waiting for the check to clear. Most debit transactions are immediate; so, your account can be balanced immediately and cannot be overdrawn. If the funds are not available, your Visa card will decline. Visa debit cards are convenient in this way. Facts to Know About Visa Debit Card 1. They are Secure Debit cards have all the security of credit cards, which means that you’ll never have to worry about a fraudulent transaction on your account. You can simply dispute it, and Visa will handle the rest. It’s a simple process that many people take for granted. Thus, it is a good idea to have a Visa debit card for protection. 2. Debit Cards Have the Same Benefits as Credit Cards Debit cards offer the same benefits of credit cards except the funds must be secured by a checking account. Otherwise, debit cards have the same conveniences and benefits without...

Maestro Card Introduction & Review

Maestro is an internationally recognized and accepted debit card under the ownership of MasterCard. Introduced in 1992, Maestro cards are issued by banks and may be connected with card members’ checking or savings accounts. These cards can also be issued as prepaid cards. When making purchases with Maestro cards, customers or salespeople swipe each card at the sales terminal or run it through a chip and PIN reader. After sales transactions are authorized by the bank that issued a Maestro card, the cardholder signs the sales receipt or enters the card’s PIN number. Maestro is now accepted as a payment method at about fifteen million point of sale (POS) locations. Today, more than 670 million Maestro cards are being used worldwide by active consumers in 100 different nations. In Europe and some other areas of the world, Maestro is the major debit card brand for MasterCard. It is considered a premier quality debit card, although the Maestro payment system procedure is somewhat different from other top-quality cards like Visa Debit. The difference when using Maestro to make purchases is that each payment must be authorized by the card-issuing bank prior to completing the sales transaction. In many international locations, Maestro is compared to Visa Electron as a major card for secure, convenient use. For the sake of safety and convenience, each Maestro card’s identifying data must be electronically read by scanning in order to transact a sale. This advanced process provides much better security than card systems that still accept data like card name, number and expiration date as keyed-in entries at sales terminals. Attractive Advantages Offered to Cardholders...

Diners Credit Card Introduction & Review

Back before the concept of credit cards was known to the general public, Diners Club was being formulated in a small restaurant in New York City. The idea came about because of a forgotten wallet and an embarrassing situation. The thought was to conceive of a way of paying for goods or services without the need for cash on hand. It was at that particular time that Frank McNamara, one of the founders of Diners Club International in 1950, started a revolution in personal finance and credit. Diners Club came into the world as we know it. Diners Club started out with less than 30 participating establishments, entirely restaurants, and just 200 card holders, almost entirely friends and relatives of the founders. What happened next was the foundation of contemporary credit. In less than 15 years, Diners Club had nearly a million and a half cardholders and thirty years later was acquired by Citigroup. What started as the first credit card company in the world soon evolved into a credit corporation that catered to affluence and wealth. And that is where the company stands today. For those individuals who have worked hard to achieve their success and want to take advantage of their superior financial position in the world, Diners Club is the consumer credit company they turn to. The Diners Club card still is the foundation for premiere card holder perks. There are two options available, the Diners Club Premiere Card and the Diners Club Elite Card. With the premiere card, holders are afforded the luxury of a Personal Assistant service which helps customers secure dinner reservations, tee...