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All three available prepaid cards offer guaranteed acceptance, regardless of a consumer's credit history, so does it really make a difference which card you choose?
The simple answer is yes it most likely will matter, particularly if you wish to use your prepaid card for high street spending and even online purchases in the UK and beyond.
There is in fact a significant difference in the number of locations that accept MasterCard, Visa and Maestro cards across the globe. Let's first look at the figures of the popular prepaid cards most widely accepted at locations around the world today:
MasterCard - 24.6 million
Visa Electron - 12 million
Maestro - 7 million
MasterCard
Prepaid MasterCards are currently the most popular cards for use at merchant outlets and ATM machines across the globe. A MasterCard can be used wherever an establishment displays the MasterCard or Maestro/Cirrus sign and at present that amounts to around 25 million separate locations worldwide.
Visa Electron
A Visa Electron prepaid card can be used in much the same fashion as a Visa credit or debit card, however each individual transaction requires electronic authorisation. At the time of writing a prepaid Visa Electron card is said to be accepted at over 12 million electronic merchant locations in the world, providing only half the coverage of MasterCard. Visa Electron cards can only be used at ATM's displaying the Visa or PLUS payment sign.
Maestro
At present Maestro prepaid cards provide the smallest global coverage of the three card providers mentioned. Card acceptance is at around one million locations and websites within the UK and up to seven million locations worldwide. Although over 100 countries accept Maestro transactions in-store and online many still reject it as a form of payment. Therefore if you are planning on using a Maestro prepaid card on holiday you should check to ensure your destination accepts Maestro before loading your funds.
As our very own cashback debit card offering is under the MasterCard umbrella, we are delighted our users have unrivalled access to merchant outlets and ATM machines in all four corners of the globe.
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What is difference between visa debit card and maestro debit card?
maestro card is less accepted in some foreign countries while visa credin is widely accepted in all countries and all websites.But their functionality is same this is just like a single brand with different products
What are the three types of credit cards?
Debit Visa Maestro JCB AE
Does HSBC in the UK offer a Visa debit card?
HSBC plans to start issuing VISA debit cards from January/February 2009. These will replace existing Maestro Debit cards moving forward.
What is the visa debit card used for?
The visa debit card is used for any purchase you would normally make with your credit card. The difference is that the visa debit can be used just like a debit card and a credit card. It has the versatility of both. You can make purchases with this card wherever visa is excepted, there are no restrictions.
Difference between visa debit card and master debit cards?
Well, i think it is because its the difference =t/3of the space comunity\ so the anser is: Credit visa debit cards are accepted and are easier to transfer amounts from bank to card, or card to card. Mastercard-wich i own, is a little difficult to get transfered with banks. It also is quite a hassle. So, in my opinion, go for visa!
What is difference between visa debit card and maestro debit card?
maestro card is less accepted in some foreign countries while visa credin is widely accepted in all countries and all websites.But their functionality is same this is just like a single brand with different products
What are the three types of credit cards?
Debit Visa Maestro JCB AE
Does HSBC in the UK offer a Visa debit card?
HSBC plans to start issuing VISA debit cards from January/February 2009. These will replace existing Maestro Debit cards moving forward.
Can you use a maestro debit card to create an itunes account?
No. I think, only Visa and MasterCard are accepted there.
What is the visa debit card used for?
The visa debit card is used for any purchase you would normally make with your credit card. The difference is that the visa debit can be used just like a debit card and a credit card. It has the versatility of both. You can make purchases with this card wherever visa is excepted, there are no restrictions.
Difference between visa debit card and master debit cards?
Well, i think it is because its the difference =t/3of the space comunity\ so the anser is: Credit visa debit cards are accepted and are easier to transfer amounts from bank to card, or card to card. Mastercard-wich i own, is a little difficult to get transfered with banks. It also is quite a hassle. So, in my opinion, go for visa!
Can you pay online by visa electron?
It depends on the website. Some websites only accept Visa or Mastercard credit cards while many others are happy to accept debit cards such as Electron, Solo and Maestro.
How old do you have to be to get a visa debit card?
11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.
What is the difference between debit and visa card?
A debit card is a card that is connected to your bank account. If you pay with your debit card, your purchases will be charged to your bank account. A visa card is usually an unsecured credit card. When you pay with a credit card, the issuer pays for your purchases and the issuer will bill you for the purchases with additional interest for using their services. In other words, your purchases are on credit.
What are visa cards?
its a debit cards. its a debit cards. its a debit cards.
Does Visa offer a debit card option?
visa does offer a debit card option. you can get a visa debit at participating bank and they also offer visa pre-paid debti cards that can be purchased in local stores and online.
Your balance for acecashexpress debit visa card?
i need balance for ace debit visa card 4046547145270706
