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What’s More Popular – Visa or Mastercard?

There are many ways to pay for goods and services, and two of the most popular payment methods are Visa and Mastercard. But what’s more popular?

When it comes to payment processing, both Visa and Mastercard offer a variety of services. Visa is a global payments technology company that offers payment solutions for consumers, businesses and governments. Mastercard, on the other hand, is a payment technology company that provides services to customers around the world.

Both Visa and Mastercard are accepted in more than 200 countries and territories, and both offer a variety of payment options, including debit and credit cards. But when it comes to popularity, which one comes out on top?

One way to measure the popularity of a payment method is to look at the number of transactions it processes. According to a 2018 report by The Nilson Report, Visa processed more than 138 billion transactions in 2017, while Mastercard processed nearly 98 billion. This means that Visa processed nearly 41% more transactions than Mastercard in the same year.

Another way to measure the popularity of a payment method is to look at the number of cards issued. According to the same report, Visa had over 3.3 billion cards issued worldwide in 2017, while Mastercard had just over 2.4 billion. This means that Visa had nearly 38% more cards issued than Mastercard in the same year.

Finally, both Visa and Mastercard offer rewards programs that allow cardholders to earn points or cash back for purchases. In 2017, Visa’s rewards program processed over $2.2 billion in rewards, while Mastercard’s program processed nearly $1.7 billion. This means that Visa’s rewards program processed more than 29% more rewards than Mastercard’s in the same year.

Based on the data from The Nilson Report, it is clear that Visa is the more popular payment method than Mastercard. Visa processed more transactions, had more cards issued, and processed more rewards than Mastercard in 2017. This trend has likely continued into 2019 and beyond.

Key Points:

• Visa processed more transactions, had more cards issued, and processed more rewards than Mastercard in 2017.
• Visa is a global payments technology company that offers payment solutions for consumers, businesses and governments.
• Mastercard is a payment technology company that provides services to customers around the world.
• Visa is the more popular payment method than Mastercard, based on data from The Nilson Report.

People Also Ask:

Q: Who is the largest credit card company?

A: The largest credit card company is Visa, based on the number of cards issued, transactions processed, and rewards processed in 2017 according to The Nilson Report.

Q: Is Visa or Mastercard better?

A: Visa is the more popular payment method than Mastercard, based on data from The Nilson Report.

Q: Is Visa accepted everywhere?

A: Visa is accepted in more than 200 countries and territories worldwide.

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