MasterCard - all cards of the international payment system. MasterCard in Belarus: everything you need to know Mastercard in Belarus where to apply
In fact, there is no such thing as a good bank card. Even if you already have one or even two, it’s never too late to get a new one, which will be intended only for payments on the Internet or abroad. After all, it is not safe to pay everywhere from your salary card. By opening a card from another payment system or another issuing bank, you will also be safe in case of failures in the operation of your main “plastic”. And even more so, it’s nice to add a new card to your collection when you don’t have to pay for it. prepared a review of payment cards, which can be issued for free.
We pay by card abroad
Co-branding card of Alfa-Bank and mobile operator Life. For every purchase using plastic, the owner receives lifepoints, which you can exchange for communication services: calls, SMS or megabytes. The product was created on the international payment systems VISA and MASTERCARD, service life - 2 years, release - instant.
Nameless card from Idea Bank based on the VISA payment system. It is also issued instantly for a period of 3 years. Fast, free, with the possibility of international payments - what else do you need for happiness?
Another free payment card from Idea Bank for a period of 3 years and instant issue. An account for this card is opened in Belarusian rubles, but the payment system is Visa, so it can be used in any country. Long live auto conversion.
For profitable payments, you can use not only a debit card, but also a savings card. For example, conditionally free “plastic” can be issued at BNB Bank. Here you will be offered to open an account both in Belarusian rubles and in dollars and euros. The offered card types are Visa Classic or MasterCard Standard. Issuing and servicing the card is free of charge. A minor inconvenience that will have to be faced, an irreducible remainder. When opening a card, you will need to top up your account with 1 million rubles or 100 dollars/euro. This money will remain on the card during the term of the agreement, and upon its expiration it will return to your wallet.
You can use MTBank's PayOkay card for 3 months free of charge. The bonus component of the card is impressive, but if after a 3-month test drive you do not want to part with it, you will have to pay 199,000 rubles for annual service.
We pay only in Belarus
It would be strange if the largest state-owned bank in Belarus did not have a free offer for payments within the country. BELKART from Belarusbank will serve you for 5 years, but you will have to wait more than 7 days for its production.
At Fransabank you can get both an embossed (with your first and last name) and a nameless payment card for free. The first, BELKART-Premium, will be ready 7 days after registration. The second - BELKARD Instant Virtuoso - can be issued immediately after contacting the bank.
You can choose a card based on your requirements and wishes on our portal in the section where we have collected all payment cards of Belarusian banks.
MasterCard is an international payment system that allows you to make payments in more than 200 countries around the world. MasterCard began its history back in 1966, when a group of Californian banks merged to form a single financial space. At that time, the name of the system was completely different - Interbank Card Association or ICA for short. The company acquired its current name only 13 years later, in 1979.
Today, about 30% of all payment cards in the world come from the MasterCard payment system. Mastercard is an intermediary between banks in different countries, allowing their clients to make payments not only within their country, but also abroad. This payment system is used by both individuals, private clients, and owners of small, medium and large businesses. The MasterCard payment system has more than 30 million points of acceptance of its cards, including in Belarus and other CIS countries.
The MasterCard payment system owns several trademarks: MasterCard Electronic, Maestro, Mondex and Cirrus. The company itself does not issue plastic cards; this issue is resolved by partner banks. It is the banks that set service tariffs, interest rates, payment commissions, etc.
As we have already found out, the payment cards themselves are issued by the issuing banks, and not by the MasterCard payment system. This means that a MasterCard card can be issued by any bank in Belarus, but the conditions for their use and service will be different (depending on the bank where you purchase this card).
You should not ignore the fact that the Mastercard payment system belongs to a foreign corporation: all your financial flows are controlled by “Big Brother”. In addition to assistance in making payment transactions outside the country, Mastercard can leave its clients without a livelihood at any time , which is what happened in Crimea at the end of 2014. and MasterCard announced the termination of cooperation with Russian banks in Crimea due to the introduction of US sanctions against the Russian Federation. Crimean citizens who store money on cards of these foreign payment systems are left without funds. What it was like for those who were currently abroad - one can only guess.
When opening a MasterCard card, remember this case, because today sanctions were introduced against Russia, and tomorrow MasterCard will decide to stop working with banks in Belarus. That is why our country has its own payment system - Belkart. If a foreign corporation represented by MasterCard refuses to cooperate with Belarusian banks, our citizens will still be able to pay for purchases in their country using cards from the national payment system Belkart.
MasterCard in Belarus
Cards of the MasterCard payment system are currently issued by all issuing banks in Belarus: Belarusbank, Belinvestbank, Belagroprombank, BPS-Sberbank, MTBank, Bank Moscow-Minsk, Belgazprombank, Bank BelVEB, Alfa-Bank, Belarusian People's Bank, Priorbank, Idea Bank, Home Credit Bank and Fransabank.
Several types of MasterCard payment cards are issued in Belarus: Standard, Gold, Platinum, Black Edition and Elite.
MasterCard Standard
MasterCard Platinum
MasterCard Black Edition
MasterCard Elite
PayPass is a contactless payment technology, i.e. You just need to attach your bank card to the reading terminal and your purchase will be paid for! You do not need to give the card to the cashier; you yourself monitor the correctness of the payment. Before paying, be sure to check the amount indicated on the terminal screen. If everything is ok, simply touch your MasterCard paypass card to the reader terminal and complete the purchase process.
If the purchase price exceeds 20BYN, the payment terminal will ask you to enter a PIN code or sign the receipt. You will be notified of the completion of the payment process by the sound signal produced by the reading terminal.
Currency MasterCard
The main payment currency of the MasterCard payment system is euro. This does not mean that the card currency can only be Euro. The card currency can be absolutely any, for example, Belarusian rubles, dollars, Russian rubles, etc. However, if you make a payment in a currency other than the card currency, then the conversion will be carried out as follows: card currency → euro → payment currency.
Let's give an example: you have a MasterCard card in Belarusian rubles, and you pay, for example, for an online purchase in dollars. In this case, your Belarusian rubles from the card are first converted into euros, and then the euros are converted into dollars, i.e. You will lose a small percentage on these transactions.
If the card currency does not differ from the payment currency, then only the transaction amount is debited from the account. For example, to pay for purchases in dollars, you can open a MasterCard card in dollars, in which case no conversion occurs.
MasterCard rate
There is no single rate at which currencies are converted from Mastercard cards. The conversion rate is set by the issuing bank that issued the card. So if you use a MasterCard from Belarusbank, then the card rate is set by Belarusbank.
MasterCard number
The MasterCard card number is 16 digits on the front of the plastic card, which are written four in a row. The card number is unique for each specific product, but does not contain any unique information about the user, i.e. the maximum that can be learned from this digital code is information about the bank that issued the card and under what program this card was issued.
However, you should not think that the card can only be used if you know the PIN code. Modern payments can be made on the Internet, and the card contains all the information to make this payment. Therefore, if you have lost your card or it has been stolen, immediately report this to the bank that services this card. Employees will block the account, which means that attackers will not be able to use your money.
MasterCard SecureCode
SecureCode is a unique secret code that is known only to you and the bank that issued this card, i.e. to the issuing bank. SecureCode will help make your online purchases as safe as possible, because... In addition to the data from the card itself, to make a payment you will need to enter a unique account access code.
In order to activate MasterCard SecureCode, you need to contact the bank that services your card. To make purchases in an online store with MasterCard SecureCode, you need to enter the card number, then the code itself in a special separate secure window and the purchase is paid!
You can enter SecureCode only in those stores where this system is connected. You can find out whether a store participates in this program by looking at its logo.
MasterCard moneysend
MasterCard moneysend is money transfers anywhere in the world to a bank card of the MasterCard or Maestro payment system. To make a transfer, you need to know its validity period.
You can send money using MasterCard moneysend in one of the ways convenient for you:
Through the website of the bank that issued you the MasterCard card;
Via ATM;
Using a self-service terminal;
At any branch of the issuing bank.
Payoneer MasterCard is a payment card of the American bank “Choice bank limited”, which is issued in close cooperation with the Webmoney payment system. Suitable for those who need to withdraw electronic money from a Webmoney, PayPal, Amazon and others wallet.
To be honest, today Payoneer MasterCard is not the most profitable payment card for withdrawing electronic earnings. You can top it up only from an electronic wallet, i.e. You cannot put cash on this card. Maintenance costs 8USD per year, however in the case of a formal certificate, i.e. an unverified account, the cost of servicing increases, as does the cost of all other services. In the case of non-cash payments by card, barbaric interest is charged - 1.8% when paying in American currency and 3% when paying in any other currency. You will also have to pay separately for card delivery, because... Choice bank limited is located in the USA. For more detailed information please visit the website www.payoneer.com .
How to top up MasterCard
You can top up your MasterCard card with cash at any branch of the bank that services this card or through self-service terminals.
The popularity of payments with plastic cards in our time cannot be disputed. Every day, more and more owners are becoming acquainted with the delights of cashless payments. It’s an interesting feeling when there is no money as such, but you feel quite solvent.
And if previously a plastic card made it necessary to look for an ATM or bank branch to withdraw cash before making a purchase, now there are no problems with this- The service sector is increasingly using this type of calculation.
With a plastic card you can pay for the purchase of goods in a store (on the stands above the cash registers it is usually indicated which cards the store accepts as a means of payment), dinner in a restaurant or cafe (samples of cards should be located on the entrance doors of the establishment), as well as gas station and medical services centers, salons and services.
In addition, this makes it possible to conduct banking transactions without traditional queues. For example, make payments for utilities, mobile bills, Beltelecom services, a number of Internet providers, CosmosTV- through a payment terminal, the Internet or the same telephone using the Mobile Bank service.
Which card to choose
Belarusian banks may offer you several types of Visa plastic cards. The type of card depends on the cost of its servicing (service fee for the card, which depends on its validity period) and the number of functions performed with its help: cards differ in limits on cash withdrawals and non-cash payment transactions.
Each bank sets its own basic limits for using a card per day (week), as well as the maximum amount that can be spent. This is done primarily to protect your funds in case of fraud with your card.
As a rule, the number of cash withdrawal transactions per day (10) and per week (20) is the same for all cards. But there are differences in non-cash payments and amounts. Let's give an example.
- number of non-cash payment transactions per day - 10. Amount 8,000,000 BYR
- number of non-cash payment transactions per week - 20. Amount 24,000,000 BYR
- amount for cash withdrawal per day in Belarus - 8,000,000 BYR
- cash withdrawal amount per week in the devices of banks of the Republic of Belarus - 24,000,000 BYR
- cash withdrawal amount per week outside the Republic of Belarus - 10,000,000 BYR
- number of non-cash payment transactions per day - 15. Amount 15,000,000 BYR
- number of non-cash payment transactions per week - 30. Amount 45,000,000 BYR
- amount for cash withdrawal per day outside the Republic of Belarus - 4,000,000 BYR
- cash withdrawal amount per week outside the Republic of Belarus - 12,000,000 BYR
- number of non-cash payment transactions per day - 20. Amount 30,000,000 BYR
- number of non-cash payment transactions per week - 40. Amount 90,000,000 BYR
- amount for cash withdrawal per day in Belarus - 15,000,000 BYR
- amount for cash withdrawal per day outside the Republic of Belarus - 9,000,000 BYR
- cash withdrawal amount per week in the devices of banks of the Republic of Belarus - 45,000,000 BYR
- cash withdrawal amount per week outside the Republic of Belarus - 35,000,000 BYR
The amount of the limit, which differs from the basic one, can be changed if you fill out an application at the bank branch where you opened the card account. This can be done, for example, during vacation.
Bank specialists also draw your attention to the fact that during the holiday period it is advisable not only to change the basic daily activity limit, but also to notify the bank about the region of your stay. Especially if you are planning a holiday abroad.
After the limit change period specified in your application has expired, if it is less than the card’s validity period, the basic activity limit is set.
An ideal option for those who have recently started using a plastic card. Its maintenance costs are minimal, but at the same time it is an international card with a basic set of services: cash withdrawal from an ATM, payments at retail outlets around the world, payment for services through a payment terminal and via the Internet.
Belarusbank
Offers a VISA Electron card with an account in Belarusian rubles and the possibility of use outside Belarus for a period of three years. The service fee for the entire validity period is 60,000 BYR.
Priorbank
VISA Electron is issued with an account in US dollars or Belarusian rubles. The fee for servicing a VISA Electron card in Belarusian rubles is 60,000 BYR for 2 years of use. For card servicing in US dollars - 20 USD for 2 years.
MTBank
The card is issued with an account in Belarusian rubles. The service fee for the VISA Electron card is 35,000 BYR for 1 year, 50,000 BYR for 2 years, 65,000- for 3 years.
Belagroprombank
VISA Electron is issued with an account in US dollars or Belarusian rubles. Service fee for VISA Electron card- 40,000 BYR or 8 USD for 1 year
Belarusian People's Bank
The card is issued with an account in US dollars, EUR, Belarusian rubles. Service fee for Visa Electron card is 5 USD for 2 years.
Alfa Bank
VISA Electron is issued with an account in three currencies. Service fee for VISA Electron card is 30,000 BYR, 3 USD or 3 EUR for the 1st year. For the next two - 20,000 BYR, 2 USD, 2 EUR. The card is valid for 3 years.
BPS-bank
The VISA Electron card is issued with an account in Belarusian rubles,USA, EUR, Russian rubles. Service fee for VISA Electron card is 10,000 BYR for 1 year.
One of the most popular plastic cards in the world. In addition to standard services, it can also be used to make remote bookings of hotels, air tickets and order a car in any country in the world via the Internet. With this card you will be served even on board the plane.
These are cards with a magnetic stripe, serviced both in an electronic environment (at payment terminals connected to the bank online) and in a paper environment (using imprinters - devices that transfer the imprint of embossed bank card details onto a document).
Belarusbank
A VISA Classic card account is opened in Belarusian rubles, US dollars, EUR, Russian rubles for a period of 1 or 2 years. At the client’s request, the account can be opened in 2 or 3 currencies: US dollars, euros and (or) Belarusian rubles, which will allow the card holder to get rid of the need for currency conversion. There is no service fee for the first year of using such a card. Subsequently, this amount will be $40. Other currency cards require payment: $20, EUR 15, RUR 650. RUB, 185,000 BYN rub. respectively.
Priorbank
The VISA Classic card (chip) is issued with an account in Belarusian rubles, US dollars, EUR, Russian rubles. The service fee for a VISA Classic card for 4 years is 70 USD (50USD down payment), 50 EUR (50 EUR down payment), 1500 RUR rub. (RUB 1,500 down payment). If you open a Visa Classic card in Belarusian rubles together with a package of services, then you will be charged 20,000 rubles monthly for service, without a package of services - 600,000 rubles.
MTBank
The VISA Classic card is issued with an account in Belarusian rubles, US dollars and EUR. Service fee for VISA Classic card - 170,000 BYR, 20 $, 20 EUR for 1 year, 290,000 BYR, 30 $, 30 EUR - for 2 years.
Belagroprombank
The VISA Classic card is issued with an account in Belarusian rubles, US dollars, euros or Russian rubles for a period of 3 years. The service fee for the VISA Classic card is 250,000 BYR. It also provides for a minimum balance (will be returned to the client as soon as he decides to close the account): 150,000 BYN. RUB, 50 USD or EUR, 1500 RUR. rub.
Belarusian People's Bank
The VISA Classic card is issued with an account in US dollars, Belarusian rubles, EUR. Service fee for the VISA Classic card is 25 USD for 2 years, 10 $ for 3 years for cardholders in Belarusian rubles.
Alfa Bank
The VISA Classic card is issued with an account in three currencies. The service fee for the VISA Classic card for the first year is 140,000 BYR, 30 UDS, 30 EUR. For the second year - 70,000 BYR, 15 USD, 15 EUR.
BPS-bank
The VISA Classic card is issued with an account in Belarusian rubles, US dollars, EUR, Russian rubles. Service fee for VISA Classic card is 100,000 BYR for each month of service.
VISAGOLD
One of the most prestigious cards in the world. These cards are based on chip technology, which provides additional security during transactions. Their maintenance is more expensive for the holder, but at the same time it emphasizes the high status and position in society of its owner, and also guarantees an increased level of service.
VISA Gold is aimed at wealthy individuals who often travel outside the country. With its help, you can not only book hotel rooms, air tickets or rent a car, but also receive discounts and benefits in a number of foreign trade and service enterprises (cafes, restaurants, hotels, theaters, airports, etc.)
Priorbank
VISA Gold is issued with an account in US dollars, euros, Belarusian and Russian rubles for a period of 4 years.Service fee for VISA Gold card- 160 USD (100 USD initial payment), 120 EUR (100 EUR initial payment), 4500 RUR. RUB (RUR 3,000 down payment), 1,500,000 BYN rub. (without service package). If you open a card in Belarusian rubles along with a package of banking services, 40,000 BYN will be debited from your account every month. rub.
The card account is opened in US dollars, euros and Belarusian rubles. Service fee for the VISA Gold card is 150 USD (for bills in euros), 75 USD (for bills in USD and Belarusian rubles) for 2 years. Minimum balance amount: RUB 1,500,000, USD 200, EUR 200.
Alfa Bank
A card account is opened at the client’s request in national currency, US dollars or euros. The service fee for the VISA Gold card for the first year is 400,000 BYR, 70 USD or 70 EUR, for the second - 200,000 BYR, 40 USD, 40 EUR.
BPS-bank
A card account is opened in national currency, US dollars, euros or Russian rubles. The service fee for the VISA Gold card for the first year is 350,000 BYR, 55 USD, 55 euros, 2000 Russian rubles. For the second and each subsequent year - 280,000 BYR, 45 USD, 45 euros, 1700 RUS. rub.
How to apply for a card
In fact, nothing is simpler. After you have made your choice of card and bank, you only need to open a card account. To do this, you should contact the bank and fill out an application form (many banks offer to do this directly on their websites), after which all that remains is to conclude a card account agreement. You must have your passport with you. Persons at least 14 years old can become the owner of a plastic card. The card will be in your hands within a week.
If the card is lost
If you lose your card, immediately notify your bank and access to your funds will be blocked. The bank is not responsible for transactions carried out using your card before receiving a notification about its loss. If a lost card is found, the card must be returned to the bank. To restore the card you will need to pay a certain amount.
See addresses of banks and cash settlement centers .
website
Card type | Map level | Card currency | Card cost | Number of issuing banks |
|---|---|---|---|---|
Elementary | BYN, EUR, USD, RUR | from 0 to 9 BYN | ||
Premium | BYN, EUR, USD, RUR | from 9 to 124 BYN | ||
MasterCard Standard | BYN, EUR, USD, RUR | from 0 to 42 BYN | ||
MasterCard Virtual | Elementary | |||
MasterCard World | Premium | BYN, EUR, USD, RUR | from 0 to 100 BYN | |
Premium | BYN, EUR, USD, RUR | from 450 to 622 BYN | ||
MasterCard World Elite | Premium | BYN, EUR, USD, RUR |
Banks issue almost all types of VISA payment system cards, including the most popular ones, such as Maestro, MasterCard Standard and MasterCard Gold, which allow their holders to pay in stores and on the Internet, as well as withdraw cash not only in the republic, but also abroad.
The cost of entry-level and premium MasterCard cards usually differs significantly, however, during promotions, you can get some MasterCard cards for free or for a symbolic cost. The table shows the range of card costs per year of service offered by Belarusian banks.
Possibilities | MasterCard Standard | MasterCard World | MasterCard World Black Edition | MasterCard World Elite |
||
|---|---|---|---|---|---|---|
Cash withdrawal from an ATM | For free | For free | For free | For free | For free | For free |
Payments for goods and services in the Republic of Belarus | For free | For free | For free | For free | For free | For free |
Payments for goods and services abroad | For free | For free | For free | For free | For free | For free |
Payments on the Internet (shops in Belarus) | For free | For free | For free | For free | For free | For free |
Payments on the Internet (foreign stores) | For free | For free | For free | For free | For free | For free |
Support | For free | For free | For free | For free | For free | For free |
Emergency blocking | For free | For free | For free | For free | For free | For free |
Discount program | For free | For free | For free | For free | For free | For free |
Concierge service | For free | For free |
||||
Access to VIP areas of airports | For free | For free |
||||
Emergency card issue | ||||||
Emergency cash withdrawal | ||||||
Travel insurance | ||||||
Purchase insurance | ||||||
Extended Warranty | ||||||
Medical information service | ||||||
Legal help service |
MasterCard cards, unlike VISA cards, do not have significant differences in the basic capabilities offered by the payment system to the cardholder. As you can note, most of the opportunities are offered free of charge, with the only exception being services for emergency card issue or cash withdrawal.
The main differences in capabilities appear for cards at the level of issuing banks, which, according to MasterCard policy, are responsible for the final content of the card product.
At the same time, we note that, unlike VISA cards, every card from the MasterCard line has the opportunity to receive discounts, however, the volume of such offers from offers from partners of the payment system is significantly limited.
In Russia and the Eurozone countries, the most popular payment systems are Visa and MasterCard. And although they are very similar, let's figure out what is the difference between Visa and MasterCard, and what are their similarities.
What are Visa and MasterCard
First, let's explain what a payment system is. This is the name of a local or international service for transferring funds in electronic form using hardware, software and technical means. Visa and Mastercard are the largest international payment systems in the world and also the most widespread. They are represented in 200 and 210 countries respectively.
In general, the Visa and MasterCard payment systems are very similar to each other, in particular:
- both systems are represented in most countries of the world,
- the level of security of the cards is almost the same,
- the speed of payments is the same,
- Visa and MasterCard cards are accepted by more than 20,000 financial institutions around the world,
- both payment systems offer users a certain hierarchy of cards.
The main differences between Visa and MasterCard include:
- differences in the conversion of funds for payments in foreign currency (for payments not in rubles),
- differentiated level of service for card users of different levels,
- bonuses and promotions from partner banks of a particular payment system.
Types of cards issued: differences between Visa and Mastercard
Both payment systems issue cards that can be represented in the form of a three-level hierarchy:
First level.
Here are electronic cards Maestro from Mastercard and Visa Electron from Visa. Usually these are salary cards intended for crediting salaries, scholarships and pensions - inexpensive to maintain, having a narrow range of capabilities and an appropriate range of services.
This is interesting! In Russia, banks most often offer Maestro as salary cards.
The difference between Visa and Mastercard at this level is that often when using Mastercard you always need to enter a PIN code.
The similarities are as follows:
- cards of both payment systems can only be used on the territory of the Russian Federation, although you can try to enable the possibility of using them abroad, but for this you will have to additionally contact the bank,
- entry-level cards cannot be used to pay for purchases on the Internet,
- The minimum service fee is within 300 rubles per year.
Attention! Maestro Momentum cards can only be used in Russia.
Level "Standard".
This segment includes Mastercard Standard and Visa Classic, which have almost identical capabilities:
- payment for purchases in stores, including online shopping,
- cashing out funds from a card,
- making utility payments through SMS banking, Internet banking and ATM services,
- account management via SMS banking and Internet banking,
- connection of additional services,
- setting limits on card transactions,
- making transfers from card to card,
- use abroad.
Premium level.
The Mastercard Gold and Platinum cards presented in this segment, as well as Visa Gold, Platinum and Visa Infinite, have much more differences. What are the differences between Mastercard and Visa in the Premium class?
- Visa Gold holders are offered: legal support, assistance in booking air and train tickets, hotel rooms, tables in restaurants, etc., medical support and emergency assistance when traveling abroad;
- Visa Platinum owners, in addition to all of the above, can take advantage of the “Warranty Extension Program”, as well as the “Purchase Protection Program”;
- holders of an even more premium Visa Infinite plus everything can get discounts on insurance for themselves and family members, moving services, use a delivery service, find out detailed information about restaurants, etc.;
- Elite cards of the Mastercard system also have several bonus programs, but only two are activated by default and free of charge: emergency assistance in case of theft or loss of the card and a loyalty program from the partners of the issuing bank.
Note! The Visa payment system additionally has two more products - these are the Aeroflot affiliate programs (allows you to accumulate miles and exchange them for air tickets) and Give Life (a charity project to help children with cancer).
Obviously, if at the initial and intermediate levels there is practically no difference between Visa and MasterCard, then in the Premium category Visa is confidently in the lead.
What is the difference between Visa and Mastercard: are there any significant differences?
Until recently, the main difference between Visa and Mastercard payment system cards was the account currency and, accordingly, conversion methods. Thus, the main currency of Visa cards was the US dollar, and the currency of Mastercard was the euro. Also, if you wish, you could open a ruble card in your name.
Accordingly, in order to pay for a purchase abroad in euros using a ruble Visa card, the system made 2 conversions - first, rubles into US dollars, and then US dollars were converted into euros. In this case, payment from a Mastercard was carried out without additional conversion.
At the same time, it was believed that Mastercard was more widespread in Europe, while Visa was more widespread in the United States and Latin American countries.
Today, inconvenient functions have been abolished, so the holder can open accounts in both systems in any currency - be it euros or US dollars. If you need to withdraw cash, make purchases or pay in another currency, the required amount is converted automatically.
When paying for purchases in online stores on the Internet, Mastercard uses the code CVC2, and VISA uses CVV2.
Payment options are slightly different: Visa has more than 20 million partner companies worldwide, but Mastercard has about 30 million.
The issue of security of the payment systems under consideration also seems significant. In general, they have similar security parameters: Visa uses the main security system Visa Money Transfer and the additional one – Verified By Visa, and Mastercard – Mastercard Money Send.
Having analyzed all of the above, we can draw the following conclusions:
- If you plan to open a salary card to deposit funds in rubles and use it within the country, it does not matter which of the two payment systems it belongs to. Better study bank tariffs (annual service fees, cash withdrawal fees, etc.), overdraft options, and the availability of bonus programs.
- If you plan to use the card abroad, and this involves frequent conversion (for example, in Europe), choose Mastercard. It is also better to use Mastercard in Cuba and African countries.
- To travel and travel to the USA, Canada, Australia, countries of Southeast Asia or Latin America, open a Visa.
In conclusion, let's look at what is better - Visa or MasterCard in Belarus.
In fact, in Belarus, the local payment system BELKART is better adapted for payments within the country, and for payments abroad or online purchases, both Visa and Mastercard are equally good.
