A visa card is the leading brand of digital-payment cards worldwide. It is an important processing network and its cards are accepted by businesses worldwide in many countries and territories.
Visa cards are bear the visa symbol that enables a visa cardholder to obtain goods, services, and cash from a visa merchant. Visa doesn’t itself issue cards, instead, they are issued by the partnered financial institution.
Types of Visa Cards
There are four forms of visa digital-payments cards are Credit Cards, Debit Cards, Gift Cards, and Visa Prepaid Cards.
1. Visa Credit cards
As per the creditworthiness or credit report of the consumers, financial institutions issue them Visa Credit Cards.
Visa Credit Cards provide convenience and security to cardholders and can be used at any merchant outlet, pay bills, and cash withdrawal from ATM.
With the visa credit cards, Cardholders can enjoy many other benefits such as cashback, rewards, and other special benefits when shopping with a specified merchant.
Whenever cardholders use a credit card, they are actually borrowing money that they will pay back over time or in full.
2. Visa Debit Cards
With the help of the Visa Debit Card, consumers can easily access their bank accounts. And consumers can enjoy the convenience of paying directly from their account.
It works similar to credit card, Visa debit card can be used to purchase goods, pay utility bills, and cash withdrawal via ATM.
Like a credit card, they can be used to make purchases at retailers or to do routine bank transactions at a branch or through the ATM.
3. Visa Prepaid Cards
These cards come loaded with a specific amount of money that acts as a credit limit and the cardholder cannot use the card beyond the limit. The card may be used anywhere where Visa Accepted. These cards can be reloaded for further use.
4. Gift Cards
Like a Prepaid card, Gift cards are also preloaded with some specific amount. Where Visa accepted there cardholders may use their Gift card.
In also addition, like Prepaid cards, Gift cards cannot be reloaded and they come with the specific PIN number on the backside.