VISA en Mastercard: the world’s most popular credit cards

VISA and MasterCard are the global credit card leaders. Consumers from all over the world can use these cards to make online purchases on your webshop. You will be surprised how many international consumers will find your webshop when you offer them the possibility of paying with VISA and MasterCard.

ISA and MasterCard were introduced in the 1960s and have become the world’s largest credit card providers. VISA International owns around 21,000 financial institutions worldwide but is best known for its credit card services. MasterCard grants worldwide licenses for credit cards and is one of the largest companies in its field. Billions of people in more than 200 countries have a VISA or MasterCard credit card.

How does online payment with VISA or MasterCard work?

The consumer places an order on a webshop and chooses to pay with a VISA or MasterCard credit card. The consumer is then asked to enter the credit card number and the so-called CVC code. For safety reasons, it is becoming ever more common to also ask a PIN or other code for (online) payment with a credit card. By entering the requested particulars, the consumer authorizes the payment. The webshop is then informed that the order has been paid.

Who can pay online with a VISA of MasterCard credit card?

Billions of people from more than 200 countries who have a VISA or MasterCard credit card can use it for making online purchases.