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Visa vs. American Express: What’s the difference?

  Visa vs. American Express: What’s the difference?  Visa and American Express are both global payment networks. That means they both facilitate payment transactions all over the world. The main difference between the two companies, however, is that American Express is a credit card issuer and Visa is not. Payment network: A company that approves or declines electronic transactions and transfers funds to merchants if payment is approved. Credit card issuer: A company that issues credit cards directly to individuals and/or businesses. The issuer often determines the terms of the card and the eligibility requirements. It’s hard to pinpoint specific differences between credit cards from these two networks, since you can find a near-endless variety of products from each one. But as a cardholder, one of the main differences you may notice is where your card is accepted. At Costco, for example, you can only pay with a Visa credit card. You might find that some small businesses are l...
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American Express Vs Visa: What’s The Difference?

  American Express Vs Visa: What’s The Difference? Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full advertiser disclosure policy. American Express and Visa are both major credit card networks, but they’re certainly not the same. Using an American Express card, or Amex card, can imply a certain level of prestige and exclusivity. Amex cards often earn big rewards and, in some cases, come with ultra-high annual fees. By contrast, Visa card options include premium cards but also products that can be more accessible for people with credit issues and are a more practical choice if you use credit around the globe. Whether you prefer American Express or Visa, you have lots of cards to choose from.
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