Like American Express, Visa, and Discover., MasterCard is one of the largest payment gateway networks in the global payment industry.
It is the name of an American financial services company that provides branded payment products for credit card issuers such as banks and financial institutions.
The above all electronic payments cards have cardholder number that begins with an IIN (Issuer Identification Number) distinguish the network processor for electronic payments. The IIN can help to identify the card brand in the case when the logo is not visible.
MasterCard payment cards exclusively use the MasterCard network for processing all transaction communications.
Types of MasterCard
MasterCard debit cards provide easy access to your savings account. With the help of it, you can easily withdraw money from any ATM without stand in a queue.
There are many benefits in the form of reward points for every transaction. MasterCard debit cards have several features and benefits which make them one of the best payment systems in the world.
Banks and financial institutions are issues MasterCard Credit card as per the creditworthiness or credit report of the consumers.
With the help of it, consumers can enjoy other more benefits such as rewards points, cash back, and other shopping benefits.
Just load a MasterCard prepaid card and pay for everything you need such as online shopping, utility bill payments, or daily purchases. The card accepted wherever debit MasterCard is accepted.
The Prepaid cards provide a more convenient and safer way to pay than cash.
Advantages of a MasterCard credit card
Ease in use: Cardholder can use its MasterCard worldwide. Even if they travel abroad there is no problem to make a purchase.
Cash withdrawal: Cardholders can use their card to withdraw cash from any ATM.
Personal protection: Cardholders can enjoy many protections with MasterCard such as Zero liability protection, Baggage delay insurance, Lost or damaged luggage insurance, Travel accident insurance and many more.
Special Discounts: MasterCard holder can avail of some special discounts at specified retailers’ outlets.