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July 6, 2003

Mastercard #1 for first time in 25 years, VISA #2

default — by TDavid @ 11:20 am PST
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Mastercard over takes Visa for the first time in 25 years, according to this suntimes article. This quote is particularly interesting: “By the end of the first quarter, MasterCard’s 315.2 million credit cards remained ahead of Visa’s 263.1 million cards.” Mastercard doesn’t want its logo put up on porn sites. Mastercard has worked over that priceless ad campaign. I remember when the banks starting ramming those debit cards down my throat with the Visa logo on them, saying that they “couldn’t” issue the old cards without the logo any more. Can you tell I’m not a big fan of the credit card companies? Ok, well I guess the AMEX was ok where you could pay off the balance each month. Did this forced acceptance of debit cards happen to you? And while I’m grousing about bank fees, what is up with the $1-$2.50 charge to draw cash out of ATMS?

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