What is the difference between visa and Mastercard?
Feb 11, 2004 | 2:56 am
#16
Join Date: Feb 2003
Location: Hudson Valley, NY USA
Posts: 279
[QUOTE]Originally posted by Ken in Phx:
[B]It is uniform, some people in the thread are confusing the types of cards taken. Sams takes Discover and Debits Card ( MC or Visa ) and the Wal Mart shopping card.
I think they wont take AMEX or CC Visa and MC is due t the charges. they claim their margins are so low, the extra 1 1/2% - 2% would squeeze them
[QUOTE]
No confusion here....I use my Chase Continental World MC at my Sams. I refuse to carry Discover.
[This message has been edited by Rawhide (edited Feb 11, 2004).]
[B]It is uniform, some people in the thread are confusing the types of cards taken. Sams takes Discover and Debits Card ( MC or Visa ) and the Wal Mart shopping card.
I think they wont take AMEX or CC Visa and MC is due t the charges. they claim their margins are so low, the extra 1 1/2% - 2% would squeeze them
[QUOTE]
No confusion here....I use my Chase Continental World MC at my Sams. I refuse to carry Discover.
[This message has been edited by Rawhide (edited Feb 11, 2004).]
Feb 11, 2004 | 7:17 am
#17
Join Date: Feb 2001
Programs: IHG Diamond, HH Gold, Marriott Silver
Posts: 4,343
Why it isn't uniform is simple: It depends on who does their card processing and what special deals they offer the merchant.
While Visa and MC are almost interchangeable in the USA and Australia, I've encountered quite a number of merchants who accept only one or the other in Asia and in Pacific islands. (The most ludicrous example that I can remember was that the ANZ Bank in Fiji would not accept MasterCard ... not even when issued by the ANZ bank itself!)
While Visa and MC are almost interchangeable in the USA and Australia, I've encountered quite a number of merchants who accept only one or the other in Asia and in Pacific islands. (The most ludicrous example that I can remember was that the ANZ Bank in Fiji would not accept MasterCard ... not even when issued by the ANZ bank itself!)
Mar 9, 2004 | 4:19 am
#18
Join Date: Jan 2001
Posts: 300
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Visa, a/k/a BankAmericard, and MasterCard, a/k/a Master Charge, were competing consumer credit products put out in the late 1950s/early 1960s, by Bank of America and a consortium of banks including Wells Fargo and the Bank of California, respectively. </font>
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">They are generally recognized as the first national charge cards not tied to a specific type of purchase (e.g. Diner's Card for restaurants). </font>
------------------
Craig
Mar 9, 2004 | 6:00 pm
#20
Join Date: Sep 2003
Location: Pasadena, TX USA
Programs: Co Plat - Marriott Plat
Posts: 589
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by jeffo:
I have fun going to Wal Mart, buying $500 in a gift card using my Amex, and then going across the street to our Sams and using the gift card to pay for my Sams items.
</font>
I have fun going to Wal Mart, buying $500 in a gift card using my Amex, and then going across the street to our Sams and using the gift card to pay for my Sams items.
</font>
Mar 11, 2004 | 10:27 am
#21
Join Date: Dec 2000
Location: CDG, FRA
Posts: 1,600
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Craig:
There is a difference between credit cards and charge cards. Visa and MasterCard are credit cards. Diners and American Express (until recently) offerred only charge cards.
</font>
There is a difference between credit cards and charge cards. Visa and MasterCard are credit cards. Diners and American Express (until recently) offerred only charge cards.
</font>
Diners Club credit cards are offered together with charge cards in France since 1990 or so.
Amex credit cards (Optima cards) exist since the 80s .
