1, MasterCard was founded in 1966, and its global headquarters is located in new york in the eastern United States.

2. Visa International, located in San Francisco, California, USA, is responsible for the operation and management of Visa.

Second, China's status is different.

1, MasterCard: 1988 entered China, becoming the first international payment company to enter China. At present, all major commercial banks in China are MasterCard members.

2.VISA card: In June, 20 10, VISA sent a letter to member banks around the world, demanding that when accepting dual-currency credit cards with the VISA logo overseas, they should not go through the clearing channel of China UnionPay, otherwise Visa will impose a high fine on the statement business.

Extended data:

The Birth of Credit Card In the late 1940s, 195 1 year, Franklin National Bank of new york standardized this application and launched the first modern credit card. Bank of America, headquartered in California, extended this practice to all parts of the United States and launched the American bank card (today's VISA card) at 1960.

At the same time, set up bank branches in major cities. These branches sign contracts with merchants to allow them to accept credit card payments and develop cardholders within their scope.

Since then, the bank card payment business has developed rapidly, with 76.6 billion bank cards (including MasterCard, Visa, Discovery Card, American Express Card, JCB Card and Diners Card). ) published in 1995. 1995 The total amount of credit card transactions was $65,438 +0.5 trillion. At the same time, the development of transfer cards is also very rapid, such as ATM cash cards.

Baidu encyclopedia-MasterCard

Baidu encyclopedia-visa