This question was prompted by First Direct’s imminent switch from Visa to Mastercard, but it’s not specific to them. Does it matter to me as a member of public what card scheme my card uses? I can think of two tiny ways:
- the authorisation and charging pattern is different for contactless travel on TfL
- at the London 2012 Olympics, Visa being an Olympics sponsor meant that in-venue vendors weren’t allowed to accept Mastercard (or indeed anything apart from Visa). Corporate blurb memorably included the line “We are proud to only accept Visa”, which is seriously high-grade BS. I don’t know if this continued to be the case at later Olympics
That’s literally all I can think of. Does it ever really matter?