Visa Card

Reviewed by Sweta | Updated on Aug 27, 2020

Introduction

Visa Card is a cashless facility to pay for goods and services. It is a card issued to facilitate purchases free of charge for a limited period.

What is a Visa Card?

A Visa card is a type of payment card that uses the Visa network to process payments. In addition to credit cards, Visa has extended its borders to offer debit, prepaid, and gift cards as well. You can identify a Visa card from the Visa logo on the card. Visa partners with financial institutions to come up with bank-specific Visa cards.

Why Visa Card is Important?

  • Visa cards are accepted by merchants and businesses in more than 200 countries across the world.

  • The credit cards and borrowing limits are set based on the customer’s financial profile and credit score.

  • Visa cards consist of a unique 16-digit number printed on the card and a microchip to store user information.