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MasterCard

MasterCard is one of world's best known online payment methods and dominant credit card brands. MasterCard is truly a global payment brand, supporting 150 currencies with over 35 million acceptance locations (point-of-sale and online) in over 210 countries.

Supporting Providers

INTRODUCTION

MasterCard is a card payment method that can used for purchases at point-of-sale and online. Upon checkout in an online store, the consumer selects the MasterCard button or logo, enters their card number, expiry date and CVC2 (security code at the back of the card) and completes payment. Merchants receive instant confirmation of payment. MasterCard, similar to other credit cards used online, are known to be eligible for chargebacks: the cardholder reclaiming their money due to fraud or disputes. Merchants willing to accept MasterCard online can protect their card sales by using MasterCard SecureCode, a service that verifies the genuine cardholder at the moment of purchase. Online merchants are able to accept MasterCard payments either via direct solutions like PayPal and Click-and-Buy, or via MasterCard Payment Gateways and Payment Service Providers (see below). MasterCard credit card transactions are normally charged a commission of 1-3% per transaction (differs per merchant/country).


PAYMENT METHOD PROFILE | MasterCard

Supported by # Providers

180
VIEW PROVIDERS

Available in # Countries

244
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shopping carts

Supported by # Shopping Carts

0
 

 

Supported By Payment Provider

Available in the following regions

North America


Asia


Africa


Oceania


Carribean


South America


Central America


Europe


Antartica


Middle East


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COMPANY DETAILS

MasterCard is a card payment method that can used for purchases at point-of-sale and online. Upon checkout in an online store, the consumer selects the MasterCard button or logo, enters their card number, expiry date and CVC2 (security code at the back of the card) and completes payment. Merchants receive instant confirmation of payment. MasterCard, similar to other credit cards used online, are known to be eligible for chargebacks: the cardholder reclaiming their money due to fraud or disputes. Merchants willing to accept MasterCard online can protect their card sales by using MasterCard SecureCode, a service that verifies the genuine cardholder at the moment of purchase. Online merchants are able to accept MasterCard payments either via direct solutions like PayPal and Click-and-Buy, or via MasterCard Payment Gateways and Payment Service Providers (see below). MasterCard credit card transactions are normally charged a commission of 1-3% per transaction (differs per merchant/country).

COMPANY ADDRESS

2000 Purchase St
10577-2509

United States of America

PHONE & EMAIL

Main Phone Number
Main Fax Number
Email

WEBSITE AND BLOG

Website
Blog

SOCIAL LINKS

Latest Company News

MasterCard Plans To End The Use Of Passwords In Online Payments

LONDON | MasterCard today outlined on its vision for online payments beyond passwords, making life simpler for cardholders while increasing security.  A New Authentication Standard The company has been leading the co-creation of a new authentication standard, which when adopted, will be the largest wholesa [...] Read more


'Amex And Diners Club Should Be Included In EU Regulation on Capping Interchange Fees'

WATERLOO | The majority of high value retailers in Europe believe that the EU rules to cap interchange fees for electronic payments should only go ahead if they apply to all market players. More than half of high value retailers will not pass on savings from the proposed EU cap on interbank fees on card payments to their customers, and instead invest the money into [...] Read more


MasterCard buys ElectraCard Services (ECS) in India

SINGAPORE | MasterCard buys ElectraCard Services (ECS), based in India, from Opus Software Solutions. ECS provides electronic payment and card processing services for banks, financial institutions, retailers and telcos in over 25 countries globally. Turnkey Card Payment Processing ECS, headquartered in P [...] Read more


MasterCard and Monitise partner to deliver digital payment services

PURCHASE, N.Y. | MasterCard announced the intention to enter into a commercial agreement with Monitise to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide. MasterCard also intends to make a minority investment in Monitise.   Innovative and Secure Payment Solutio [...]


MasterCard U.S. Requires More Transparency in Payments from Acquirers and PSPs

PURCHASE, N.Y. | MasterCard today announced a new standard to deliver greater transparency and value to smaller business owners. MasterCard requires Acquirers and Payment Service Providers to provide their U.S. merchants with a clear and detailed disclosure of the fees the [...]


Capping Interchange Fees to impact Payment Card Usage

BRUSSELS | A survey commissioned by MasterCard looked at consumer opinions on the European Commission's proposal to cap interchange fees and introduce measures that could impact payment card usage. According to the results 82% of consumers believe that retailers would not pass on any cost savings from a reduction in their contribution to the costs of the electronic [...]


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