A few belated comments:

1.      Domestic systems may differentiate between credit cards and
debit cards, but this does not work internationally because all the
cards are processed on the same system. If you take a non-US-issued Visa
or Mastercard branded debit card to a US car rental agency, for example,
there is no way they can tell it is not a "credit" card. Provided, of
course, they can block their security deposit. Which means you need a
substantially higher balance than you might actually plan on spending.

2.      For this reason, basically any offshore debit card with Visa or
MC logo is equally useful to a credit card.

3.      For those that are not aware, Maestro is actually a brand of
Mastercard. Maestro is however known to be a debit card.

4.      We can issue offshore Mastercard debit cards to our clients if
required. The security deposit required by the bank is about $1000.
Likewise with American Express, but security deposit is around $10,000.

5.      Some banks now issue Maestro-branded credit cards. These are
real credit cards offering revolving loans but they are processed
through the Maestro system which is cheaper. I think this is a trend we
can expect to see developing fast.

6.      Mastercard have announced that Maestro will soon be acceptable
on the internet.

7.      With the exception of the internet, I am sure Maestro is
accepted in many more merchants worldwide than American Express is. It
all depends what you want to buy and where.

Regards
Nick
Fidex


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