Visa and MasterCard are the most popular payment technology companies offering a convenient way to shop across various regions in the world. They link banks, governments, business, and the final customer. However, Visa and MasterCard are merely brands as they do not issue the credit cards. The actual differences between the two are quite subtle. Visa offers three memberships (base, signature and infinite) just like MasterCard (base, world and world elite). The main differences become apparent when considering perks in each membership level. Perks are simply covers for car rental insurance, fraud protection, purchase protection, travel and concierge services among others.