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Q: what’s the difference between visa and mastercard

[Thursday, December 23rd, 2010]

Visa and MasterCard are the two widely recognized credit card payment processors. Both Visa and MasterCard do not issue credit cards and prepaid cards. These are two competing companies that offer similar services to banks. Banks issue credit cards and Visa and MasterCard provide a method of payment for card transactions. As for the cards branded Visa or Mastercard, there are some merchants and service companies that accept Visa cards only but not MasterCard and vice versa. But nowadays almost all places accept both Visa and MasterCard.

See also

Q: I try to apply Credit One card but it’s not got applications for U.K.

Unfortunately Credit One doesn’t offer its products to non U.S. residents. Though, there are other credit card issuers who do such offers. You can take a closer look at it here, in UK Credit Cards Offers section. Probably among these cards you will find an interesting alternative to Credit One.

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Q: I would like to know…my credit was closed 10/05. But then it was taken to court in March of 2009? My credit report said it was a write off, closed? I want a Letter acknowledging the closure!

It is a specific request only your credit card issuer can deal with and we are not your credit card issuer. To resolve the problem, please contact your credit card company directly. From now on please do not forget about acknowledgement letters when you close your credit cards so that you can avoid such bad [...]

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Q: Do you know if you can have payday loans or cash advances applied to a pre-paid Visa or MasterСard? If so, do you know what companies that handle advances does this and what information about my card I would need. Thanks!

The answer is yes – you can use your cash advance or payday loan to load up your pre-paid Visa or Mastercard. The fastest way to do that is to convert your loan to cash and use the cash to load up the card. However, if your loan can only come in a form of [...]

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Q: Hey, was my application approved?

Just to let you know, we are not a credit card issuing company. To check the status of your application, please contact your credit card issuer directly. Find out if you can do it online on your issuer’s official website.

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Q: I had been told that I had received a visa card from you in March of 1999 and been paying on it till Feb of 2001. I need to know where this card was sent to for I think it’s been fraudulent Thank you

We are not a credit card issuing institution. To settle this issue, please contact the card issuer directly. But if you want to apply online for a credit card, we are always here for you.

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