There are various brand names of credit cards in the market today. One popular brand name is the Visa credit card. Nevertheless, there are likewise visa cards that are used as a debit card, this is a various matter completely. It is the reduced name of the company VISA or Visa International Service Association based in San Francisco, California. It is a joint financial endeavor of twenty-one thousand banks. They are releasing and marketing Visa items.

The introducing of the visa card occurred in 1976. It was called after BankAmerica card. The Bank of America is the provider of BankAmerica card which likewise has other worldwide names. It was before the Visa brand name intro. Visa cards likewise included the theme of the BankAmerica card in their styles. The gold and blue logo designs of Visa cards represent the golden color of California hills and the blue color of the sky.

The alliance of numerous banks in Canada such as Canadian Imperial Bank of Commerce, Bank of Nova, Royal Bank of Canada, and Toronto-Dominion Bank released Visa cards in the name of Chargex. French Visa which is presently released is still using the BankAmerica card logo design. It was called Carte Bleue in France which indicates blue card. The only company of BankAmerica card in the United Kingdom was Barclaycard.

There are 3 kinds of Visa cards. The debit cards which is paid through cost savings or examining accounts. The Credit cards which is paid monthly with proper interest’s rates. The pre-paid cards which are paid through money accounts and without check composing advantages.

There are 2 procedures that were established to standardize customer services. Visa International Association developed the debit and credit procedures basing from the kind of Visa cards they marketed.

Visa Credit cards utilize credit procedures. The cards can be used at banking centers or POS (point-of-sale terminal) after revealing the Visa logo design. It includes the signature of the card holder for recognition. Credit procedure might be used by Visa card holders even if it is being marketed as pre-paid cards or debit cards. The factor is the imprinted Visa logo design on the card’s front surface area.

The users are in some cases puzzled by the word credit and debit. Well, the words do not always depend upon exactly what the dictionary stated about it. It is because debit card might still be used for credit deals. In this case, misnomer happens that credit cards are just used for loans while debit procedures are used for examining accounts just. The banks, in fact, choose several backend techniques to manage the accounts. They make “debit” as the generic synonym of Plus/interlink, while “credit” as the generic synonym of Visa and other cards having comparable systems consisting of American Express, MasterCard, and Discover Card.

The associations consist of the following guidelines concerning the advancement of Visa Credit cards.

– For security functions upon every deal. The cardholders are recognized through their signatures upon using their Visa credit cards.

– It will describe how a bank rejects a deal and how cooperation happens in a bank to avoid scams.

– It will guarantee a basic security from scams and incorrect recognition that are not prejudiced.

The creator of the VISA Company, Dee Hock thought that using the word Visa will be acknowledged immediately in numerous languages and nations. Besides, it likewise signifies universal approval. Nevertheless, the customers should know the guidelines to prevent disputes in theend when using their Visa Credit cards.