|
Financial
Services > Credit
Cards > Glossary
> Mastercard
A credit card payment system formed from the ICA (Interbank Card
Association), and now with over 20,000 Worldwide banks as members.
When you are offered a credit card, it will usually either be
a Mastercard or a Visa,
although other credit cards include American
Express, Diners’ Club, Discover and JCB .
You are very unlikely to notice any major difference between levels
of acceptance for Visa or Mastercard
at retail outlets, although some banks and cash machines will
only enable cash advances of one card type – for example
Halifax and many other former building societies will only do
Visa cash advances.
|
