Main credit card brands
Do you know the main credit card brands? Read our text and find out!
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Have you ever noticed that your card comes with a special logo? It's usually Visa or Mastercard.
However, there are other options, which are not yet as well known, but are becoming increasingly well-known and gaining space in the market.
In today's article we will learn what the main credit card brands.
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What is a credit card flag?
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The card brand corresponds to the company responsible for card transactions.
Therefore, it is the card brand that defines which machine it will be accepted in at the time of purchase.
This is when the card administrator contacts the card issuer to validate the transaction.
For example, if you use your Elo credit card on a machine where it does not have an agreement or is not registered, your purchase will be rejected.
In fact, it won't get to that point, as the merchant already knows basically which flags are accepted on his machine, so he usually advises or leaves a poster with the emblems of the accepted flags.
The brand is what guarantees the correct functioning of your card, but if you have a card without a brand, you don't need to get rid of it, it also works correctly.
However, it is a store or prepaid card, although there are many branded prepaid cards.
In this case, the card issuing company is responsible for any problems with the card. They are issued in the name of the establishment.
Speaking of which, card administrators or issuers are banks or financial institutions.
What is it for?
The card brand acts directly between the bank and the payment machine. It is the one that processes the purchase information, for example, amount, installments, and validates it.
The brand, machine and financial institution communicate with each other to make your purchase happen and be accepted.
Now, get to know the main card flags from Brazil.
Main card flags: Visa
This is one of the largest card brands in the world. It is accepted in around 200 countries.
Even though it is a little behind Mastercard in terms of expansion, it is one of the favorites and has more cards issued under this brand.
Certainly, one of the main card flags. It stands out for its range of services and benefits.
Among them, we find the benefits program Go with Visa. As far as cards are concerned, it is available in debit, credit and prepaid.
Click here and learn about Visa and request a card if you wish.
Main card flags: MasterCard
Mastercard is the largest card brand in the world, it is present in around 210 countries and stands out in the international card versions.
It also has a rewards program, Mastercard Surpreenda, which also makes it a favorite among Brazilians.
Speaking of which, many people have credit cards, but they don't enjoy the benefits and advantages they offer.
Therefore, if you are one of them, access your card brand's website and find out about the benefits.
Link
Elo is also among the main card flags from Brazil. In fact, it is the first Brazilian 100% card brand.
It is not far behind the first options in terms of quality, benefits and advantages. It is no wonder that it has grown so much in recent months and is becoming popular among Brazilians.
To check out all the advantages it offers, click here.
In addition to the options mentioned above, 4 other flags also join the list of main card flags, they are:
- Hypercard;
- Diners Club;
- Discover Network;
- American Express.
Don't forget to check out the Woop Sicredi
Contact: 0800 646 2519
3940, J. Lindóia – Porto Alegre
*Research Source: https://www.sicredi.com.br/home/
