Visa or mastercard? Is there a difference?

antuk

I can't remember the exact details but from what i do remember the password is supposed to act like a pin on chip and pin so if its verified and correct then the onus is on you to prove you didnt carry out the transaction or it was fraudlent, same as chip and pin....

surreysaver

clio wrote: »

Didn't mastercard used to be called the Access card many moons ago??

More a case of Access now being called Mastercard. Mastercard used to exist separately until they merged.

leicsmarkyr

PROLIANT wrote: »

Visa has been around since they were giving out provy vouchers during the war, everybody knows it, what next, Mastercard Debit????

MasterCard have/are launching a Debit card called MasterCard Debit so watch out for that too

grastgirl

Thanks for the help everyone.

So it looks like there's essentially no difference between Visa and Mastercard that would affect me.

I think I'll sign up for the Secure code thing next time I get asked by a reputable retailer.

ldn-100

I've always tried to hold both Mastercard and Visa 'just in case', but my last remaining Visa card was converted to Mastercard by Halifax recently.

I've never seen one accepted without the other in the UK or abroad, but I know certain big events such as the Olympics have sponsorship deals where only one card is accepted.

http://rohitbhargava.typepad.com/weblog/2008/08/visas-exclusive.html

beer_tins

MasterCard is generally more accepted, especially in Europe. And as someone else mentioned, many retailers prefer MasterCard because the charges are lower. In reality, most retailers will accept both.

anna42hmr

does any one know if there is a difference between the two providors for claiming money back if a company goes bump, i am planning on booking flights shortly and am deciding wether its best to pay with one of my visa cards or one of my mastercards? or do they provide the same cover?

exel1966

anna42hmr wrote: »

does any one know if there is a difference between the two providors for claiming money back if a company goes bump, i am planning on booking flights shortly and am deciding wether its best to pay with one of my visa cards or one of my mastercards? or do they provide the same cover?

VISA debit cards have chargeback, mastercard debit cards have no protection !

I'd still advise paying by credit card though ! ALL have protection.

jonathon

exel1966 wrote: »

VISA debit cards have chargeback, mastercard debit cards have no protection !

I'd still advise paying by credit card though ! ALL have protection.

but you are covered on both under section 75

exel1966

No, debit cards do NOT come under the CCA for as the name suggests the CCA covers 'credit' agreements only.