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Payment does not have to be complicated. However, there are technical terms that are often not common.
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Visa
Credit card organization that licenses the issuance and acceptance of various credit and payment cards, enabling cashless payment transactions. Debiting from the card account can be done electronically, by paper slip using the embossed card number or by mail order.
Business model
VISA charges fees for the organizational processing of credit card transactions. The banks and other organizations that have issued VISA cards bear the risk of unpaid credit card debts. For new customers, checking account packages with VISA credit card are often offered as a bonus service (first year free, then fees apply), but there are also providers who offer such packages permanently.
Product portfolio
VISA offers a wide variety of cards.
Credit cards
.
Visa Classic
Visa Premium (Gold, Platinum, Infinite)
Business cards (Visa Commercial)
The Visa Infinite Card
Black Card Visa (minimum purchase 50,000 USD)
Debit cards
Visa Electron in Europe (point of sale or internet).
V Pay with EMV technology
Visa Check Card USA
Visa Debit Card
Carte Bleue in France
There are also credit cards and PLUS cards that can be used at ATMs worldwide.