Hero Circle Shape
Hero Moon Shape
Hero Right Shape
比特派app钱包下载地址|mastercard

比特派app钱包下载地址|mastercard

  • 作者: 比特派app钱包下载地址
  • 2024-03-13 01:17:06

Mastercard - A Global Technology Company in The Payments Industry

Mastercard - A Global Technology Company in The Payments Industry

Skip to Content

Manage Cookies

Apply for a Credit, Debit or Prepaid Card | Mastercard

Apply for a Credit, Debit or Prepaid Card | Mastercard

Skip to Content

Get the financial freedom you deserve. Credit cards offer exceptional benefits, rewards, services and spending power that can help make your financial and personal dreams come true.1

Enjoy the ultimate in convenience and financial control by combining the worldwide acceptance and benefits of Mastercard cards with direct deduction of funds from your checking account.2

Mastercard Prepaid Cards are simple, convenient and accepted worldwide.3

Mastercard Gift Cards are great for holidays, birthdays, graduations and anything in between. Simple, convenient and always well-received.4

1. Credit card products vary by country/territory. ↩

2. Debit card products vary by country/territory. ↩

3. Prepaid card products vary by country/territory. ↩

4. Gift card products vary by country/territory. ↩

Manage Cookies

Types of Cards: Credit, Debit & Prepaid | Offers & Benefits

Types of Cards: Credit, Debit & Prepaid | Offers & Benefits

Skip to Content

Priceless™ Specials

Explore the world with Mastercard's offers curated specially for you

 

 

Manage Cookies

Mastercard Philippines | A World Beyond Cash | Leader in Global Digital Payment Solutions & Technology

Mastercard Philippines | A World Beyond Cash | Leader in Global Digital Payment Solutions & Technology

Skip to Content

Home

About Mastercard

Careers

Newsroom

Investor Relations

×

Close

Please select a location

GO TO SITE

English

Menu

Skip to Content

Consumers

Businesses

Governments & Public Sector

Merchants

Issuers & Other Partners

Back

Our Commitment to Cardholders and Community

Learn more

Sound On: Mastercard® Debuts Sonic Brand

Learn more

Explore the benefits of Mastercard®

No card is more accepted around the world

Find a Card

Peace of mind with Mastercard security

Pay with confidence. Anywhere. Anytime.

Learn more

Envisioning a World Beyond CashTM

From major cities to emerging markets, we are stimulating economies and changing the way the world does business

Learn more

previous

next

MasterpassTM - Your shortcut to what counts

Register now

Learn how we're opening doors to financial freedom

Read more

Discover the benefits of Mastercard

Learn more

Enjoy these offers and promotions with Mastercard

Learn more

Find info on SecureCode® for online shopping

Learn more

Discover amazing experiences at Priceless Cities®

Explore now

Whether it's date night or an adventure with your loved ones, explore the cities you love with #LoveThisCity

Get started

Enjoy an added layer of card protection

Learn more

Cutting edge technology for issuers of all sizes

Learn more

Find out how our technology and expertise are making payments safe and simple for people everywhere

Learn more

Learn how our cultureis driving innovation

Learn more

Make everyday purchases quickly and safely with just a tap

Learn more

Mastercard Newsroom

Mastercard evolves its brand mark by dropping its name

The Mastercard Symbol will now stand on its own across cards using the red and yellow brand mark, acceptance marks at retail locations both in the physical and digital worlds, and major sponsorship properties.

Smart Cities, Smarter Security

Evolution in technology is enabling more devices to connect more often around the world, at a pace that’s showing no sign of slowing down.

ASEAN’s confidence boosted by optimistic youths

While youthful optimism in the ASEAN region is buoying consumer confidence, sentiment amongst older consumers is significantly more reserved, according to the latest Mastercard Index of Consumer Confidence.

SUPPORT

COMPANY

OTHER INFORMATION

FOLLOW US

Frequently Asked Questions

If you need to report a lost or stolen card or have any other questions regarding your Mastercard, please call us on call 1-800-1-111-0061. If in an emergency overseas, call 1-636-722-7111 or one of the toll-free numbers listed under 'Global Emergency Contacts'.

Global Emergency Contacts

About Mastercard

Careers

Newsroom

Investor Relations

MasterIntelligence

Global Privacy Notice

Terms of Use

Interchange Fees

Mastercard Rules

Anti-Piracy Policy

Binding Corporate Rules

Site Map

© 1994-2021 Mastercard. Mastercard is an Equal Opportunity Employer.

You are about to leave the Mastercard site. Are you sure you would like to proceed to PLACEHOLDER ?

×

Close

Cancel

Go to my bank

×

Close

Credit Cards | Mastercard

Credit Cards | Mastercard

Skip to Content

Home

About Mastercard

Careers

Newsroom

Investor Relations

×

Close

Please select a location

GO TO SITE

English

Menu

Skip to Content

Consumers

Find A Card

Explore Payment Technologies

View Offers & Promotions

Get Support

Back

Mastercard® Credit Cards

Purchasing power on a global scale

Get A Mastercard® Credit Card

Worldwide Acceptance, worldwide support

Purchasing power that takes you places with worldwide service and access to valuable benefits

Priceless™ Specials

Explore the world with Mastercard's offers curated specially for you

Travel

Begin every journey with Mastercard and create the most memorable experiences with exclusive benefits

Learn More about Travel

Shopping

Discover something you’ve never seen before in our choice collection of special shopping deals

Learn More about Shopping

Culinary

Excite your tastebuds at delectable dining venues all over the world

Learn More About Culinary

Entertainment

Sing, dance, laugh and make merry with friends when you select from our list of delightful entertainment offers

Learn More about Entertainment

Sports

Take your love of the game to new heights with this selection of unforgettable sporting experiences

Learn More about Sports

Mastercard Benefits

Travel and Lifestyle Benefits

Peace of mind for cardholders whether at home, travelling abroad or making everyday purchases.

 

Click here to find out more.

Mastercard Global ServicesTM

Get emergency assistance virtually anytime, anywhere and in any language. Mastercard Global Services helps you with reporting a lost or stolen card, obtaining emergency card replacement or cash advance, finding an ATM location and answering questions on your account.

Call 1-800-1111-0061 from the Philippines.

If in an emergency overseas, call 1-636-722-7111.

Click here for Global Toll-Free Numbers.

Standard & Gold Mastercard

For everyday purchases and beyond

Learn more

Titanium & Platinum Mastercard

Effortlessly unlocking the best value for you

Learn more

World Mastercard®

Travel more, travel well

Learn more

World Elite Mastercard®

Always working for you

Learn more

Home

Consumers

Find A Card

Credit Cards

SUPPORT

COMPANY

OTHER INFORMATION

FOLLOW US

Frequently Asked Questions

If you need to report a lost or stolen card or have any other questions regarding your Mastercard, please call us on call 1-800-1-111-0061. If in an emergency overseas, call 1-636-722-7111 or one of the toll-free numbers listed under 'Global Emergency Contacts'.

Global Emergency Contacts

About Mastercard

Careers

Newsroom

Investor Relations

MasterIntelligence

Global Privacy Notice

Terms of Use

Interchange Fees

Mastercard Rules

Anti-Piracy Policy

Binding Corporate Rules

Site Map

© 1994-2021 Mastercard. Mastercard is an Equal Opportunity Employer.

You are about to leave the Mastercard site. Are you sure you would like to proceed to PLACEHOLDER ?

×

Close

Cancel

Go to my bank

×

Close

Apply for a Credit, Debit or Prepaid Card | Mastercard

Apply for a Credit, Debit or Prepaid Card | Mastercard

Skip to Content

Home

About Mastercard

Careers

Newsroom

Investor Relations

×

Close

Please select a location

GO TO SITE

English

Menu

Skip to Content

Consumers

Find A Card

Explore Payment Technologies

View Offers & Promotions

Get Support

Back

Find the card that's right for you

Explore the benefits of Mastercard®. No card is more accepted around the world.

Click here to get a credit or debit card

Credit

Get the financial freedom you deserve. Credit cards offer rewards, services and spending power that can help make your financial and personal dreams come true.

Learn more

Debit

Enjoy the ultimate in convenience and financial control by combining the worldwide acceptance and benefits of Mastercard cards with direct deduction of funds from your savings/current account

Learn more

Prepaid cards

Use Mastercard prepaid cards wherever Mastercard debit cards are accepted. Just load a prepaid card with funds and use it for all your needs—from everyday buys to travel purchases.

Learn more

Priceless™ Specials

Explore the world with Mastercard's offers curated specially for you

Travel

Begin every journey with Mastercard and create the most memorable experiences with exclusive benefits

Learn More about Travel

Shopping

Discover something you’ve never seen before in our choice collection of special shopping deals

Learn More about Shopping

Culinary

Excite your tastebuds at delectable dining venues all over the world

Learn More About Culinary

Entertainment

Sing, dance, laugh and make merry with friends when you select from our list of delightful entertainment offers

Learn More about Entertainment

Sports

Take your love of the game to new heights with this selection of unforgettable sporting experiences

Learn More about Sports

Mastercard Benefits

Travel and Lifestyle Benefits

Peace of mind for cardholders whether at home, travelling abroad or making everyday purchases.

 

Click here to find out more.

Mastercard Global ServicesTM

Get emergency assistance virtually anytime, anywhere and in any language. Mastercard Global Services helps you with reporting a lost or stolen card, obtaining emergency card replacement or cash advance, finding an ATM location and answering questions on your account.

Call 1-800-1111-0061 from the Philippines.

If in an emergency overseas, call 1-636-722-7111.

Click here for Global Toll-Free Numbers.

Home

Consumers

Find A Card

SUPPORT

COMPANY

OTHER INFORMATION

FOLLOW US

Frequently Asked Questions

If you need to report a lost or stolen card or have any other questions regarding your Mastercard, please call us on call 1-800-1-111-0061. If in an emergency overseas, call 1-636-722-7111 or one of the toll-free numbers listed under 'Global Emergency Contacts'.

Global Emergency Contacts

About Mastercard

Careers

Newsroom

Investor Relations

MasterIntelligence

Global Privacy Notice

Terms of Use

Interchange Fees

Mastercard Rules

Anti-Piracy Policy

Binding Corporate Rules

Site Map

© 1994-2021 Mastercard. Mastercard is an Equal Opportunity Employer.

You are about to leave the Mastercard site. Are you sure you would like to proceed to PLACEHOLDER ?

×

Close

Cancel

Go to my bank

×

Close

Mastercard Platinum Credit Card | Credit Card Benefits

Mastercard Platinum Credit Card | Credit Card Benefits

Skip to Content

Priceless™ Specials

Explore the world with Mastercard's offers curated specially for you

 

 

Manage Cookies

Mastercard - Wikipedia

Mastercard - Wikipedia

Jump to content

Main menu

Main menu

move to sidebar

hide

Navigation

Main pageContentsCurrent eventsRandom articleAbout WikipediaContact usDonate

Contribute

HelpLearn to editCommunity portalRecent changesUpload file

Search

Search

Create account

Log in

Personal tools

Create account Log in

Pages for logged out editors learn more

ContributionsTalk

Contents

move to sidebar

hide

(Top)

1History

Toggle History subsection

1.1Finances

2Market power

Toggle Market power subsection

2.1United States

2.1.1Swipe fee fixing and merchant discount bans

2.1.2Antitrust settlement with U.S. Justice Department

2.1.3ATM operators

2.2Oceania

2.3Europe

3Other issues

Toggle Other issues subsection

3.1United States internet gambling transactions

3.2Blocking payments to WikiLeaks

3.3Corporate branding of all Nigerian identity cards

3.4Selling of credit card data

3.5Regulatory ban In India

3.6Regulatory ban In Vietnam

3.7Adult content restrictions

4Products

Toggle Products subsection

4.1Prepaid debit cards

4.2QkR

4.3Mastercard Contactless

4.4Crypto

5Brand

Toggle Brand subsection

5.1Sports sponsorships

6Corporate affairs

Toggle Corporate affairs subsection

6.1Management and board of directors

7World Beyond Cash

8Banknet

9See also

10References

11External links

Toggle the table of contents

Mastercard

51 languages

العربيةAzərbaycancaتۆرکجهБългарскиCatalàЧӑвашлаČeštinaDanskDeutschEestiΕλληνικάEspañolEsperantoEuskaraفارسیFrançais한국어Հայերենहिन्दीBahasa IndonesiaItalianoעבריתҚазақшаLietuviųMagyarമലയാളംBahasa MelayuNederlands日本語Norsk bokmålNorsk nynorskOʻzbekcha / ўзбекчаਪੰਜਾਬੀPolskiPortuguêsRomânăРусскийСаха тылаShqipSimple EnglishSlovenčinaکوردیСрпски / srpskiSuomiSvenskaதமிழ்TürkçeУкраїнськаTiếng Việt粵語中文

Edit links

ArticleTalk

English

ReadEditView history

Tools

Tools

move to sidebar

hide

Actions

ReadEditView history

General

What links hereRelated changesUpload fileSpecial pagesPermanent linkPage informationCite this pageGet shortened URLDownload QR codeWikidata item

Print/export

Download as PDFPrintable version

In other projects

Wikimedia Commons

From Wikipedia, the free encyclopedia

American multinational financial services corporation

Mastercard Inc.Logo used since 2019Company typePublicTraded asNYSE: MA (Class A)S&P 100 componentS&P 500 componentISINUS57636Q1040 IndustryFinancial servicesFounded1966; 58 years ago (1966)Headquarters2000 Purchase Street, Purchase, New York, U.S.Area servedWorldwideKey peopleMerit Janow (Chair)Michael Miebach (CEO)Sachin Mehra (CFO)Brands

Cirrus

Maestro

Mondex

MasterPass

ServicesCredit cardsDebit cardsPayment systemsRevenue US$25.10 billion (2023)Operating income US$14.01 billion (2023)Net income US$11.19 billion (2023)Total assets US$42.45 billion (2023)Total equity US$6.93 billion (2023)Number of employees33,400 (2023)Websitemastercard.comFootnotes / references[1][2]

Mastercard Inc. (stylized as MasterCard from 1979 to 2016, mastercard from 2016 to 2019) is the second-largest payment-technology corporation worldwide. It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings). Its headquarters are in Purchase, New York.[3] Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the Mastercard-brand debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.

Mastercard (originally Interbank, then Master Charge)[4] was created by an alliance of several banks and regional bankcard associations in response to the BankAmericard issued by Bank of America, which later became Visa and is still its biggest competitor. Prior to its initial public offering, Mastercard Worldwide was a cooperative owned by the more than 25,000 financial institutions that issue its branded cards.

History[edit]

1969–1979, featuring the original Interbank logo of 19661979–19901990–19961996–20162016–2019

Although BankAmericard's debut in September 1958 was a disaster,[5] it began to turn a profit by May 1961.[6] Bank of America deliberately kept this information secret and allowed then-widespread negative impressions to linger in order to ward off competition.[7] This strategy was successful until 1966, when BankAmericard's profitability had become far too big to hide.[7] From 1960 to 1966, there were only 10 new credit cards introduced in the United States, but from 1966 to 1968, approximately 440 credit cards were introduced by banks large and small throughout the country.[7] These newcomers promptly banded together into regional bankcard associations.[8]

One reason why most banks chose to join forces was that at the time, 16 states limited the ability of banks to operate through branch locations, while 15 states entirely prohibited branch banking and required unit banking.[9] A unit bank can legally operate only at a single site and is thereby forced to remain very small.[9] By joining a regional bankcard association, a unit bank could quickly add a credit card to its lineup of financial products, and achieve economies of scale by outsourcing tedious back office tasks like card servicing to the association.[8] Such associations also enabled unit banks to aggregate their customer bases and merchant networks in order to make a credit card useful for both customers and merchants; early credit cards had failed because they could only be used within a small radius around their respective issuing banks.[9]

In 1966, Karl H. Hinke, an executive vice president at Marine Midland Bank, asked representatives of several other banks to meet him in Buffalo, New York.[10][11] Marine Midland had just launched its own regional bankcard in the Upstate New York market after Bank of America declined its request for a BankAmericard regional license on the basis that Marine Midland was too big.[12] The result of the Buffalo meeting was that several banks and regional bankcard associations soon agreed to join forces as Interbankard, Inc.,[10][11] which then became the Interbank Card Association (ICA).[8] By the end of 1967, ICA had 150 members and Hinke became ICA's chairman.[12] Bank of America eventually joined MasterCard as well.[12] (In the 21st century, Bank of America would revive the BankAmericard brand name as a Mastercard credit card, which it remains today).

The Interbank branding in 1966 initially consisted only of a small unobtrusive lowercase i inside a circle in the lower right-hand corner of the front of each Interbank card; the rest of the card design was the prerogative of each issuing bank.[13] This tiny logo proved to be entirely unsatisfactory for creating nationwide brand awareness in order to compete against the established leader, BankAmericard.[13] In 1969, Interbank developed a new national brand, "Master Charge: The Interbank Card" by combining the two overlapping yellow and orange circles of the Western States Bankcard Association with the "Master Charge" name coined by the First National Bank of Louisville, Kentucky.[13]

That same year, First National City Bank joined Interbank and merged its proprietary Everything Card with Master Charge.

In 1968, the ICA and Eurocard started a strategic alliance, which effectively allowed the ICA access to the European market, and for Eurocard to be accepted on the ICA network. The Access card system from the United Kingdom joined the ICA/Eurocard alliance in 1972.[14]

In 1979, Master Charge: The Interbank Card was renamed MasterCard.[14]

In 1983, MasterCard International Inc. became the first bank to use holograms as part of their card security.[15] They acquired the Cirrus network of automated tellers in 1985.[16]

In 1997, MasterCard took over the Access card; the Access brand was then retired.[citation needed] In 2002, MasterCard International merged with Europay International, another large credit-card issuer association, of which Eurocard had become a part in 1992.[17] MasterCard became a Delaware in connection with the merger, as well as in anticipation of an IPO.[18]

The company, which had been organized as a cooperative of banks, had an initial public offering on May 25, 2006, selling 95.5 million shares at $39 each.[19] The stock is traded on the NYSE under the symbol MA, with a market capitalization of $367.1 billion as of May 2021.[20] The deal was designed to maintain the value of the brand and minimise regulatory costs.[18]

In August 2010, MasterCard Worldwide, as it had been rebranded, expanded its e-commerce offering with the acquisition of DataCash, a UK-based payment processing and fraud/risk management provider.[21][22] In March 2012, MasterCard announced the expansion of its mobile contactless payments program, including markets across the Middle East.[23]

In spring 2014, MasterCard acquired Australia's leading rewards program manager company Pinpoint for an undisclosed amount.[24] In August 2017, Mastercard acquired Brighterion, a company with a portfolio of intellectual property in the areas of artificial intelligence and machine learning.[25] Brighterion holds several patents.[26]

In April 2021, Mastercard created a calculator that gathers information and measures the carbon footprints of the customers in order to help them know how much they are contributing in carbon emissions and global warming.[27]

Following the 2022 Russian invasion of Ukraine, Mastercard complied with United States sanctions and banned cards from being issued or used in Russia, including foreign cards from other countries.[28] Mastercard suspended all business operations in Russia, which had accounted for 4% of their revenue.[29] However, bank cards themselves continue to work in Russia due to the transfer of internal transactions to the Russian National Card Payment System.

Finances[edit]

Development since 2005[30]

Year

Revenue(US$ M)

Operating income(US$ M)

Share price(US$)

Employees

2005

2,938

393

2006

3,326

229

6.20

2007

4,068

1,108

13.65

2008

4,992

−534

20.33

2009

5,099

2,260

17.99

5,100

2010

5,539

2,752

22.01

5,600

2011

6,714

2,713

28.73

6,700

2012

7,391

3,937

41.58

7,500

2013

8,312

4,503

59.34

8,200

2014

9,441

5,106

75.33

10,300

2015

9,667

5,078

90.62

11,300

2016

10,776

5,761

94.50

11,900

2017

12,497

6,622

126.54

13,400

2018

14,950

7,282

186.16

14,800

2019

16,883

9,664

300.74

18,600

2020

15,301

8,081

370.00

21,000

2021

18,884

10,082

354.83

24,000

2022

22,237

12,264

347.73

29,900

2023

25,098

14,008

33,400

As of 2020, Mastercard ranked 191 on the Fortune 500 list of the largest United States corporations by revenue.[31]

Market power[edit]

Operating a payment processing network entails risk of engaging in anticompetitive practices due to the many parties involved (that is, the customer and their bank and the merchant and their bank).[18]

Few companies have faced more antitrust lawsuits both in the US and abroad.[32]

United States[edit]

Mastercard, along with Visa, engaged in systematic parallel exclusion against American Express during the 1980s and 1990s. Mastercard used exclusivity clauses in its contracts and blacklists to prevent banks from doing business with American Express. Such exclusionary clauses and other written evidence were used by the United States Department of Justice in regulatory actions against Mastercard and Visa.[33] Discover has sued Mastercard for similar issues.[32]

Both Mastercard and Visa have paid approximately $3 billion in damages resulting from a class-action lawsuit filed in January 1996 for debit card swipe fee price fixing.[34] The litigation cites several retail giants as plaintiffs, including Wal-Mart, Sears, Roebuck & Co., and Safeway.[35]

In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history.[32]

In 1998, the Department of Justice sued Mastercard over rules prohibiting their issuing banks from doing business with American Express or Discover. The Department of Justice won in 2001 and the verdict withstood appeal. American Express also filed suit.[32]

On August 23, 2001, Mastercard International Inc. was sued for violating the Florida Deceptive and Unfair Trade Practices Act.[36]

On November 15, 2004, Mastercard Inc. paid damages to American Express, due to anticompetitive practices that prevented American Express from issuing cards through U.S. banks,[37] and paid $1.8 billion for settlement.[38]

Swipe fee fixing and merchant discount bans[edit]

Main article: Payment card interchange fee and merchant discount antitrust litigation

On November 27, 2012, a federal judge entered an order granting preliminary approval to a proposed settlement to a class-action lawsuit[39] filed in 2005 by merchants and trade associations against Mastercard and Visa. The suit was filed due to alleged price-fixing practices employed by Mastercard and Visa. About one-fourth of the named class plaintiffs have decided to opt-out of the settlement. Opponents object to provisions that would bar future lawsuits and prevent merchants from opting out of significant portions of the proposed settlement.[40]

Plaintiffs allege that Visa Inc. and Mastercard fixed interchange fees, also known as swipe fees, that are charged to merchants for the privilege of accepting payment cards. In their complaint, the plaintiffs also alleged that the defendants unfairly interfere with merchants from encouraging customers to use less expensive forms of payment such as lower-cost cards, cash, and checks.[40]

A settlement of $6.24 billion got preliminary approval in November, 2019.[41] A settlement of $5.54B was approved in 2019. Certain merchants appealed the settlement and were heard. The case is ongoing as of October 2022[update].[42]

Antitrust settlement with U.S. Justice Department[edit]

In October 2010, Mastercard and Visa reached a settlement with the U.S. Justice Department in another antitrust case. The companies agreed to allow merchants displaying their logos to decline certain types of cards (because interchange fees differ), or to offer consumers discounts for using cheaper cards.[43]

ATM operators[edit]

Mastercard, along with Visa, has been sued in a class action by ATM operators that claim the credit card networks' rules effectively fix ATM access fees. The suit claims that this is a restraint of trade in violation of federal law. The lawsuit was filed by the National ATM Council and independent operators of automated teller machines. More specifically, it is alleged that Mastercard's and Visa's network rules prohibit ATM operators from offering lower prices for transactions over PIN-debit networks that are not affiliated with Visa or Mastercard. The suit says that this price-fixing artificially raises the price that consumers pay using ATMs, limits the revenue that ATM operators earn, and violates the Sherman Act's prohibition against unreasonable restraints of trade. Johnathan Rubin, an attorney for the plaintiffs said, "Visa and Mastercard are the ringleaders, organizers, and enforcers of a conspiracy among U.S. banks to fix the price of ATM access fees in order to keep the competition at bay."[44]

Oceania[edit]

In 2003, the Reserve Bank of Australia required that interchange fees be dramatically reduced, from about 0.95% of the transaction to approximately 0.5%.[citation needed] One notable result has been the reduced use of reward cards and increased use of debit cards. Australia also prohibited the no surcharge rule, a policy established by credit card networks like Visa and Mastercard to prevent merchants from charging a credit card usage fee to the cardholder. A surcharge would mitigate or even exceed the merchant discount paid by a merchant, but would also make the cardholder more reluctant to use the card as the method of payment. Australia has also made changes to the interchange rates on debit cards and has considered abolishing interchange fees altogether.

As of November 2006, New Zealand was considering similar actions, following a Commerce Commission lawsuit alleging price-fixing by Visa and Mastercard. In New Zealand, merchants pay a 1.8% fee on every credit card transaction.[citation needed]

Europe[edit]

The European Union has repeatedly criticized Mastercard for monopolistic trade practices. In April 2009, Mastercard reached a settlement with the European Union in an antitrust case, promising to reduce debit card swipe fees to 0.2 percent of purchases.[45] In December 2010, a senior official from the European Central Bank called for a break-up of the Visa/Mastercard duopoly by the creation of a new European debit card for use in the Single Euro Payments Area (SEPA).[46]

WikiLeaks published documents showing that American authorities lobbied Russia to defend the interests of Visa and Mastercard.[47][48] In response, Mastercard blocked payments to WikiLeaks. Members of the European Parliament expressed concern that payments from European citizens to a European corporation could apparently be blocked by the United States and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.[49]

In 2013, Mastercard was under investigation by the European Union for the high fees it charged merchants to accept cards issued outside the EU, compared to cards issued in the EU, as well as other anti-competitive practices that could hinder electronic commerce and international trade, and high fees associated with premium credit cards. The EU's competition regulator said that these fees were of special concern because of the growing role of non-cash payments. Mastercard was banned from charging fees on cross-border transactions conducted wholly within the EU via a ruling by the European Commission in 2007.[50] The European Commission said that their investigation also included large differences in fees across national borders. For instance, a €50 payment might cost €0.10 in the Netherlands but eight times that amount in Poland. The Commission argues that Mastercard rules that prohibit merchants from enjoying better terms offered in other EU countries may be against antitrust law.

The European Consumer Organisation (BEUC) praised the action against Mastercard. BEUC said interbank fees push up prices and hurt consumers. BEUC Director General Monique Goyens said, "So in the end, all consumers are hit by a scheme which ultimately rewards the card company and issuing bank."[50]

In January 2019, the European Commission imposed an antitrust fine of €570,566,000 on Mastercard for "obstructing merchants' access to cross-border card payment services", due to Mastercard's rules obliging acquiring banks to apply the interchange fees of the country where a retailer was located. The Commission concluded that Mastercard's rules prevented retailers from benefitting from lower fees and restricted competition between banks cross border, in breach of EU antitrust rules. The infringement of antitrust rules ended when Mastercard amended its rules due to the entering into force of the Interchange Fee Regulation in 2015, which introduced caps on interchange fees. The Commission did grant Mastercard a 10% reduction of the fine however, in return for Mastercard acknowledging the facts and cooperating with the antitrust investigation.[51]

In February 2021, following an investigation by the British Payment Systems Regulator, Mastercard admitted liability for breaching competition rules in relation to pre-paid cards.[52]

Other issues[edit]

United States internet gambling transactions[edit]

Mastercard, Visa, and other credit cards have been used to fund accounts since online gambling began in the mid-1990s.[53]

On March 20, 2000, the United States District Court for the Eastern District of Louisiana, reviewed motions in Re: MasterCard International Inc. regarding multi-district litigation alleging Mastercard illegally interacted with a number of internet casinos. The plaintiffs alleged, among other claims, that Mastercard had violated the Federal Wire Act. They sought financial relief for losses suffered at online gambling sites outside the United States.[54]

The District Court's ruling on February 23, 2001, later upheld by the United States Court of Appeals for the Fifth Circuit, sided with Mastercard. The Fifth Circuit also clarified the application of the Wire Act to illegal online gambling. The Court determined that the wire act only applied to gambling activities related to a "sporting event or contest". Therefore, the court could not conclude that Mastercard had violated the Wire Act.[55]

When PASPA was overturned May 14, 2018, Mastercard had to provide new guidance to its member banks. It clarified that state location restrictions apply to the individual placing the wager, not the member bank processing the transaction. According to various state gaming laws, sports betting providers must use Internet geolocation to determine a customer's physical location prior to accepting a wager.[56] The Independent Community Bankers of America specifically requested information about a new online gambling merchant category code.[57] Mastercard has dedicated MCC 7801 to online gambling. This code is distinct from 7800 for government owned lotteries and 7802 for government licensed horse and dog tracks.[58]

Blocking payments to WikiLeaks[edit]

In December 2010, Mastercard blocked all payments to whistleblowing platform WikiLeaks due to claims that they engage in illegal activity.[59] In response, a group of online activists Anonymous organized a denial-of-service attack; as a result, the Mastercard website experienced downtime on December 8–9, 2010.[60] On December 9, 2010, the servers of Mastercard underwent a massive attack[61] as part of an Operation Avenge Assange for closing down payments to WikiLeaks. The security of thousands of credit cards was compromised during that attack due to a phishing-site set up by the attackers.[62] However, Mastercard denied this, stating that account data had "not been placed at risk".[63] WikiLeaks' spokesman said, "We neither condemn nor applaud these attacks."[64] U.N. High Commissioner for Human Rights Navi Pillay said that closing down credit lines for donations to WikiLeaks "could be interpreted as an attempt to censor the publication of information, thus potentially violating WikiLeaks' right to freedom of expression".[65]

In July 2011, Iceland-based IT firm DataCell, the company that enabled WikiLeaks to accept credit and debit card donations, said it would take legal action against Visa Europe and Mastercard,[66] and that it would move immediately to try to force the two companies to resume allowing payments to the website.[67] Earlier on December 8, 2010, DataCell's CEO Andreas Fink had stated that "suspension of payments towards WikiLeaks is a violation of the agreements with their customers."[68][69] On July 14, 2011, DataCell announced they had filed a complaint with the European Commission claiming the closure by Visa and Mastercard of Datacell's access to the payment card networks violated the competition rules of the European Community.[70]

On July 12, 2012, a Reykjavík court ruled that Valitor, Visa and Mastercard's partner in Iceland, had to start processing donations within fourteen days[71] or pay daily fines to the amount of ISK 800,000 (some $6000) for each day after that time, to open the payment gateway. Valitor also had to pay DataCell's litigation costs of ISK 1,500,000.[72][73]

Corporate branding of all Nigerian identity cards[edit]

In 2014, pursuant to an agreement between Mastercard and the Nigerian Government, acting through the National Identity Management Commission, the new Nigerian ID cards bear the Mastercard logo, contain personal database data and double as payment cards, irrevocably linking such payments to the individuals,[74] sparking criticism by the Civil Rights Congress alleging that it "represents a stamped ownership of a Nigerian by an American company ... reminiscent of the logo pasted on the bodies of African slaves transported across the Atlantic."[75]

Selling of credit card data[edit]

In 2018, Bloomberg News reported that Google had paid millions of dollars to Mastercard for its users' credit card data for advertising purposes. The deal had not been publicly announced.[76][77]

Regulatory ban In India[edit]

On July 14, 2021, the Reserve Bank of India (RBI) indefinitely barred Mastercard from issuing new debit or credit cards to domestic Indian customers starting July 22, 2021, for violating data localization and storage rules as set by RBI on April 6, 2018, under Payment and Settlement Systems Act, 2007 (PSS Act). This ban does not affect cards already issued and working in India. Mastercard is the third major payment systems provider to be restricted in India after American Express and Diners Club International.[78] On June 16, 2022, the business restrictions imposed were lifted by RBI with immediate effect.[79][80]

Regulatory ban In Vietnam[edit]

In 2018, the State Bank of Vietnam (SBV) requested that banks temporarily halt the issuance of new Mastercard cards due to violations of international payment regulations. Specifically, Mastercard did not comply with the regulation of conducting payments through the National Payment Corporation of Vietnam (NAPAS). In 2020, the ban was lifted after Mastercard committed to complying with Vietnamese regulations.[81][82][83] Despite its widespread acceptance, using Mastercard in Vietnam still comes with certain limitations: Some Vietnamese websites and applications do not accept Mastercard as a payment method.[84][85][86] Not all ATMs in Vietnam allow cash withdrawals using Mastercard.[87] Some Mastercard users in Vietnam have reported experiencing inadequate customer service.[88][89]

Adult content restrictions[edit]

In December 2020, Mastercard barred the use of its credit cards on Pornhub, an online pornography site.[90][91] In April 2023, The Hill (newspaper) reported on an update to Mastercard's policy for adult content that would require sellers to have age and identity verifications and content review prior to posting in place.[92][93] The new policies took effect in October 2021.[93] On August 30, 2023 the American Civil Liberties Union, in combination with a coalition of other organizations, filed a complaint with the Federal Trade Commission requesting an investigation into the policy as an unfair business practice under Section 5 of the FTC Act.[94][95]

Products[edit]

Depending on the geographical location, Mastercard issuers can issue cards in tiers, from the lowest to the highest, Traditional/Classic/Standard, Gold/Titanium, Platinum, World and World Elite.[96]

Through a partnership with an Internet company that specializes in personalized shopping, Mastercard introduced a Web shopping mall on April 16, 2010, that it said can pinpoint with considerable accuracy what its cardholders are likely to purchase.[97]

In September 2014 Mastercard worked with Apple to incorporate a new mobile wallet feature into Apple's new iPhone and Apple Watch models known as Apple Pay, enabling users to more readily use their Mastercard, and other credit cards.[98]

In May 2020, Mastercard announced the Mastercard Track Business Payment Service. The service will provide business-to-business payments between buyers and suppliers. According to the head of global commercial products, it "creates a directory of suppliers, enabling suppliers to publish their payment rules so they can better control how they receive payments while making it easier for buyers to find suppliers and understand their requirements".[99]

On February 10, 2021, Mastercard announced their support of cryptocurrencies saying that later in 2021, Mastercard will start supporting select cryptocurrencies directly on their network. One of the main focus areas that Mastercard wants to support is using digital assets for payments, and that crypto assets will need to offer the stability people need in a vehicle for spending, not investment.[100][101] In October 2021, Mastercard announced that through its partnership with Bakkt, any bank or merchant on its network would soon be able to offer crypto services.[102] In June 2022, Mastercard announced that it would now be allowing cardholders to purchase NFTs via various NFT scaling platforms.[103]

Prepaid debit cards[edit]

Mastercard, Comerica Bank, and the U.S. Treasury Department teamed up in 2008 to create the Direct Express Debit Mastercard. The federal government uses the Express Debit product to issue electronic payments to people who do not have bank accounts. Comerica Bank is the issuing bank for the debit card.

The Direct Express cards give recipients a number of consumer protections.

In June 2013, Mastercard announced a partnership with British Airways to offer members the Executive Club Multi-currency Cash Passport, which will allow members to earn extra points and make multi-currency payments. The Passport card allows users to load up to ten currencies (euro, pound, U.S. dollar, Turkish lira, Swiss franc, Australian dollar, Canadian dollar, New Zealand dollar, U.A.E. dirham, and South African rand) at a locked-in rate. When used, the card selects the local currency to ensure the best exchange rate, and if the local currency is not already loaded onto the card, funds are used from other currencies.[citation needed]

QkR[edit]

QkR is a mobile payment app developed by Mastercard operating in the US and Australia for the purpose of ordering products and services through a smartphone with payments charged to the associated credit card. It is being deployed for use in large-scale events, such as sport events, concerts, movie theaters or schools. Unlike other Mastercard mobile payment apps such as Pay Pass, QkR does not use NFC from the phone, but rather an Internet connection.

Users can open the app, scan a QR code located on the back of the seat in front of them, and place orders for refreshments of their choice.[104][105] The order is dispatched to a nearby concession stand.

QkR is being marketed to vendors as a replacement for other mobile payment apps and a mobile ordering app, either distributed by the vendor (such as Starbucks's app, McDonald's' app, or Chipotle's mobile ordering app) or by a third party, such as Square, headed by Twitter cofounder Jack Dorsey.

Mastercard Contactless[edit]

Mastercard Contactless (formerly branded PayPass[106]) is an EMV-compatible, contactless payment feature similar to American Express' ExpressPay, and Visa Contactless. All three use the same symbol as shown on the right. It is based on the ISO/IEC 14443 standard that provides cardholders with a simpler way to pay by tapping a payment card or other payment device, such as a phone or key fob, on a point-of-sale terminal reader rather than swiping or inserting a card. Contactless can currently be used on transactions up to and including 100 GBP, 50 EUR, 60 BAM, 80 CHF, 50 USD, 100 CAD, 200 SEK, 500 NOK, 100 PLN, 350 DKK, 80 NZD, 100 AUD, 1000 RUB, 500 UAH, 500 TRY depending on the card's currency rather than the transaction currency[107] or 5000 INR.

PayPass RFID chip

Holder with a miniature prepaid contactless payment card of the French neobank anytime

In 2003, Mastercard concluded a nine-month PayPass market trial in Orlando, Florida, with JPMorgan Chase, Citibank, and MBNA. More than 16,000 cardholders and more than 60 retailer locations participated in the market trial.[needs update] In addition, Mastercard worked with Nokia and the Nokia 6131,[108] AT&T Wireless, and JPMorgan Chase to incorporate Mastercard PayPass into mobile phones using near-field communication technology, in Dallas, Texas. In 2011, Google and Mastercard launched Google Wallet, an Android application which allows a mobile device to send credit/debit card information directly to a Paypass-enabled payment terminal, bypassing the need for a physical card, up until the creation of Google Pay. In 2014, the Apple released Apple Pay for iOS devices.

During late 2015, Citicards in the US stopped issuing Paypass-enabled plastic, but the keyfob was still available upon request. Effective July 16, 2016, Citicards stopped supporting Paypass completely. While existing plastic and keyfobs continued to work until their expiration date, no new Paypass-enabled hardware was issued to US customers after that date.

Crypto[edit]

In April 2023, Mastercard announced its intention to expand its partnerships with cryptocurrency firms. At the time of the announcement, the firm had already partnered with other financial companies to offer cards linked to crypto in some nations. This was despite an increasingly intense regulatory environment, and it followed rival company Visa stopping its agreement with FTX in November 2022. The company said its Mastercard Crypto Credential service would allow for transactions between countries that met requirements like so-called "travel rule" by the Financial Action Task Force (FATF), using technology from CipherTrace. It also worked with wallet providers Bit2Me, Lirium, Mercado Bitcoin, and Uphold. Its head of crypto and blockchain, Raj Dhamodharan, said uses for NFT transactions would come later on.[109][110]

Brand[edit]

Mastercard is associated with security and is believed to be reliable in emergencies. Antitrust litigation over the years has damaged the brand.[18]

Table Mountain cablecar, 2018

Mastercard's current advertising campaign tagline is Priceless. It started in 1997. The slogan associated with the campaign is There are some things money can't buy. For everything else, there's Mastercard. The Priceless campaign in more recent iterations has been applicable to both Mastercard's credit card and debit card products. They also use the Priceless description to promote products such as their priceless travel site, which features deals and offers for Mastercard holders,[111] and priceless cities, offers for people in specified locations.[112]

In mid-2006, MasterCard International changed its name to MasterCard Worldwide. This was to suggest a more global scale. In addition, the company introduced a new corporate logo adding a third circle to the two that had been used in the past (the familiar card logo, resembling a Venn diagram, remained unchanged). A new corporate tagline was introduced at the same time—The Heart of Commerce.[113]

In July 2016, Mastercard introduced their new rebranding, along with a new corporate logo. In addition, they changed their service name from "MasterCard" to "mastercard".[114]

In January 2019, Mastercard removed its name from its logo, leaving just the overlapping discs.[115]

In 2021, Mastercard was ranked number 13 on Morning Consult's list of most trusted brands.[116]

Sports sponsorships[edit]

Mastercard sponsors major sporting events and teams throughout the world. These include rugby's New Zealand, the MLB, the UEFA Champions League and the PGA Tour's Arnold Palmer Invitational. Previously, it also sponsored the FIFA World Cup but withdrew its contract after a court settlement and its rival, Visa, took up the contract in 2007.[117] In 1997, Mastercard was the main sponsor of the Mastercard Lola Formula One team,[118] which withdrew from the 1997 Formula One season after having failed to qualify its first race due to financial problems.[119] It also partners the Brazil national football team[120] and the Copa Libertadores.[121]

Mastercard was also the title sponsor for the Alamo Bowl game from 2002 until 2005.

In late 2018, Mastercard became the first major sponsor for League of Legends esports. The company sponsors the League of Legends World Championship, Mid-Season Invitational, and the All-stars event for League of Legends.[122]

Until 2018, Mastercard was the sponsor of the Memorial Cup, the CHL's annual championship between its three leagues.

In September 2022, Mastercard acquired the title sponsorship rights for all international and domestic home matches organized by the Board of Cricket Control in India.[123][124]

Corporate affairs[edit]

Mastercard has its headquarters in the Mastercard International Global Headquarters in Purchase, New York.[125] The Global Operations Center is located in O'Fallon, a suburb of St. Louis, Missouri.

Mastercard was listed as one of the best companies to work for in 2013 by Forbes.[126] In 2016, Mastercard UK became one of 144 companies who signed the HM Treasury's Women in Finance Charter, a pledge for balanced gender representation in the company.[127]

Management and board of directors[edit]

Key executives include:[128]

Michael Miebach: president and chief executive officer

Walt Macnee: vice chairman

Robert Reeg: president – global technology & operations

Raja Rajamannar: chief marketing officer – global marketing

Gary Flood: president – products & services

Noah Hanft: general counsel, chief franchise officer and corporate president

Michael Fraccaro: chief human resources officer

Chris McWilton: president – North American markets

Ann Cairns: president – international markets

Javier Perez: president – Europe

Kevin Stanton: Chief Transformation Officer

Ari Sarker: president – Asia-Pacific

Betty Devita: president – Canada

Gilberto Caldart: president – Latin America & Caribbean

Prior to its IPO in 2006, Mastercard was an association that had a board of directors composed of banks. The current board of directors includes the following individuals:[129]

Merit Janow, Non-Executive Chair, and Dean Emerita, School of International and Public Affairs, Columbia University[130]

Candido Botelho Bracher, Former CEO, Itaú Unibanco Group, Independent Director

Richard K. Davis Former Executive Chairman and CEO, U.S. Bancorp, Independent Director

Julius Genachowski Managing Director, The Carlyle Group, Independent Director

Choon Phong Goh, CEO, Singapore Airlines Limited, Independent Director

Oki Matsumoto, Founder, chairman and CEO, Monex Group, Inc., Independent Director

Michael Miebach, President and CEO, Mastercard

Youngme Moon, Donald K. David Professor of Business Administration, Harvard Business School, Independent Director

Rima Qureshi, Executive Vice President and Chief Strategy Officer, Verizon Communications Inc., Independent Director

Gabrielle Sulzberger Strategic Advisor, Two Sigma Impact, Independent Director

Jackson Tai, Former Vice Chairman and CEO, DBS Group and DBS Bank Ltd., Independent Director

Harit Talwar, Former Partner and chairman, Consumer Business (Marcus), Goldman Sachs, Independent Director

Lance Uggla CEO, BeyondNetZero, Independent Director

World Beyond Cash[edit]

In 2017, CEO Ajay Banga reinforced the company's goal of extending financial services to those outside the current system by bringing digital payment systems to the unbanked around the world. The company invested $500M in India with offices in Pune and Vadodara to help Mastercard bring cashless transactions to the largest population in the world. The company also is scheduled to invest an additional $750M in cashless apps and technology, especially focused on India between 2017 and 2020.[131]

Banknet[edit]

Mastercard operates Banknet, a global telecommunications network linking all Mastercard card issuers, acquirers, and data processing centers into a single financial network. The operations hub is located in St. Louis, Missouri. Banknet uses the ISO 8583 protocol.

Mastercard's network differs significantly from Visa's. Visa's is a star-based system where all endpoints terminate at one of several main data centers, where all transactions are processed centrally. Mastercard's network is an edge-based, peer-to-peer network where transactions travel a meshed network directly to other endpoints, without the need to travel to a single point. This allows Mastercard's network to be much more resilient, in that a single failure cannot isolate a large number of endpoints.[132]

See also[edit]

Companies portalElectronics portalHudson Valley portal

Access

Cirrus

Damage waiver

Entrust Bankcard

Maestro

3-D Secure

Mondex

Octopus card

Payoneer

Redecard

References[edit]

^ "Mastercard Incorporated 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 13, 2024.

^ "Mastercard Drops Its Name From Company Logo". Fortune. Retrieved January 10, 2019.

^ "MasterCard Incorporated Reports Fourth-Quarter and Full-Year 2016 Financial Results". MasterCard. Archived from the original on October 24, 2020. Retrieved December 2, 2017.

^ "MasterCard Corporate Milestones". Archived from the original on May 14, 2013. Retrieved November 13, 2019.{{cite web}}: CS1 maint: unfit URL (link)

^ Nocera, Joseph (1994). A Piece of the Action: How the Middle Class Joined the Money Class (2013 paperback ed.). New York: Simon & Schuster. p. 31. ISBN 9781476744896.

^ Stearns, David L. (2011). Electronic Value Exchange: Origins of the Visa Electronic Payment System. London: Springer. p. 24. ISBN 978-1-84996-138-7. Available through SpringerLink.

^ a b c Stearns, David L. (2011). Electronic Value Exchange: Origins of the Visa Electronic Payment System. London: Springer. p. 25. ISBN 978-1-84996-138-7. Available through SpringerLink.

^ a b c Stearns, David L. (2011). Electronic Value Exchange: Origins of the Visa Electronic Payment System. London: Springer. p. 27. ISBN 978-1-84996-138-7. Available through SpringerLink.

^ a b c Stearns, David L. (2011). Electronic Value Exchange: Origins of the Visa Electronic Payment System. London: Springer. p. 19. ISBN 978-1-84996-138-7. Available through SpringerLink.

^ a b Jennings, Robert (September 8, 1995). "Credit Card Industry to Salute Three Pioneers". American Banker. p. 12. Available through ProQuest.

^ a b Loomis, Jay (November 28, 2006). "MasterCard Turns 40". The Journal News. p. C7. Available through ProQuest.

^ a b c "Karl H. Hinke, Pioneer Of The MasterCard". AP. December 24, 1990. Retrieved November 28, 2021.

^ a b c Stearns, David L. (2011). Electronic Value Exchange: Origins of the Visa Electronic Payment System. London: Springer. p. 28. ISBN 978-1-84996-138-7. Available through SpringerLink.

^ a b "History of MasterCard International Inc". Funding Universe. Retrieved June 13, 2020.

^ Harper, Gavin (July 12, 2010). Holography Projects for the Evil Genius. McGraw-Hill. p. 4. ISBN 978-0-07-162400-8.

^ "Brand History". Mastercard Brand Center. Retrieved October 14, 2022.

^ "MasterCard And Europay Merge To Form a Global Payments Company". BankTech. July 16, 2002. Retrieved June 13, 2020.

^ a b c d Fleischer, Victor (March 8, 2006). "The Mastercard IPO: Protecting the priceless brand". Harvard Negotiation Law Review – via SSRN.

^ "MasterCard IPO rises 40% from discounted price". MarketWatch. May 25, 2006. Retrieved June 3, 2017.

^ "Yahoo Finance". Yahoo.com. Retrieved May 25, 2021.

^ Spillane, Chris (August 19, 2010). "MasterCard to Acquire DataCash for 333 Million Pounds". Bloomberg.com. Bloomberg. Retrieved March 7, 2012.

^ Farrell, Sean (August 19, 2010). "MasterCard pays £333m for British online payments firm DataCash". The Independent. London. Archived from the original on November 30, 2018. Retrieved March 7, 2012.

^ Rima Ali Al Mashni (March 7, 2012). "QNB Group, Qtel, Oberthur and MasterCard introduce first mobile Near Field Communication payments program in Qatar". AMEinfo.com. Archived from the original on March 9, 2012. Retrieved March 7, 2012.

^ "Mastercard to acquire Business Reward Services Provider Pinpoint". Biharprabha.com. April 17, 2014. Retrieved April 17, 2014.

^ "Mastercard Enhances Artificial Intelligence Capability with the Acquisition of Brighterion, Inc. – Global Hub". newsroom.mastercard.com. Archived from the original on November 29, 2020. Retrieved September 23, 2017.

^ "Patents by Assignee Brighterion, Inc". Justia Patents Search. August 7, 2017. Retrieved September 23, 2017.

^ Alexis Benveniste. "Mastercard launches carbon calculator in its latest attempt to go green". CNN. Retrieved April 12, 2021.

^ Ponnezhath, Maria (March 1, 2022). "Visa, Mastercard block Russian financial institutions after sanctions". Reuters. Retrieved March 6, 2022.

^ Paybarah, Azi (March 5, 2022). "Mastercard and Visa suspend operations in Russia". The New York Times. Retrieved March 6, 2022.

^ "Mastercard Financial Statements 2005–2018 | MA". Retrieved October 22, 2018.

^ "Fortune 500". Fortune. Retrieved May 21, 2021.

^ a b c d Duncan, Mallory (July 10, 2012). "Credit Card Market Is Unfair, Noncompetitive". Roll Call.

^ T-Mobile, Wireless Carriers, and the Way to Fight Oligopolies. The New Yorker. Retrieved on October 30, 2013.

^ Visa/MasterCard Litigation Archived April 26, 2009, at the Wayback Machine, January 1, 1996.

^ www.inrevisacheckmastermoneyantitrustlitigation.com Archived August 9, 2013, at the Wayback Machine. Retrieved July 13, 2011.

^ "Joshua Rubin and Joseph Phillips et al. v. MasterCard International, LLC". Archived from the original on July 10, 2018. Retrieved August 8, 2021.

^ "American Express sues Visa, MasterCard". NBC News. November 15, 2004.

^ Dash, Eric (June 26, 2008). "MasterCard Will Pay $1.8 Billion to American Express". The New York Times. Retrieved February 10, 2015.

^ "Class Settlement Preliminary Approval Order pg.11" (PDF). U.S. District Court. November 27, 2012. Archived (PDF) from the original on August 3, 2020. Retrieved July 9, 2019.

^ a b Longstreth, Andrew (December 13, 2013). "Judge approves credit card swipe fee settlement". NBC News. Retrieved July 9, 2019.

^ "Visa, Mastercard $6.24B settlement gets preliminary okay from court". Seeking Alpha. February 22, 2019. Retrieved July 9, 2019.

^ "Payment Card Interchange Fee Settlement". paymentcardsettlement.com. Retrieved October 14, 2022.

^ Vanek, Stacey. (October 4, 2010) Visa, Mastercard settlement means more flexibility for merchants | Marketplace From American Public Media Archived July 27, 2011, at the Wayback Machine. marketplace.publicradio.org. Retrieved July 13, 2011.

^ "ATM Operators File Antitrust Lawsuit Against Visa and MasterCard" (Press release). PR Newswire. October 12, 2011.

^ "Antitrust: Commissioner Kroes takes note of MasterCard's decision to cut cross-border Multilateral Interchange Fees (MIFs) and to repeal recent scheme fee increases". European Commission (Press release). April 1, 2009. Retrieved September 27, 2020.

^ "Forexhound.com". Archived from the original on October 7, 2020. Retrieved December 12, 2010.

^ Remy, Pauline de Saint (December 8, 2010). "WIKILEAKS – En Russie, Visa et Mastercard au coeur de troublantes révélations". Le Point.

^ "WikiLeaks cables: US "lobbied Russia on behalf of Visa and MasterCard"". the Guardian. December 8, 2010. Retrieved November 13, 2022.

^ Dekker, Vincent (December 9, 2010). "Zorgen over dominantie Visa en Mastercard in Europa" [Concerns about Visa and Mastercard dominance in Europe]. Trouw (in Dutch). Archived from the original on August 17, 2011. Retrieved April 14, 2022.

^ a b Chee, Foo Yun (April 9, 2013). "MasterCard under EU fire over payment card fees". Fox Business. Reuters. Archived from the original on June 29, 2013. Retrieved September 27, 2020.

^ "Antitrust: Commission fines Mastercard €570 million for obstructing merchants' access to cross-border card payment services". europa.eu. Brussels: European Commission. January 22, 2019. Retrieved January 23, 2019.

^ "The PSR provisionally finds five companies broke the law by engaging in cartel behaviour in the pre-paid cards market". UK Payment Systems Regulator. March 31, 2021.

^ "Internet Gambling: An Overview of the Issues". govinfo.gov. Retrieved May 18, 2022.

^ "US District Court for the Eastern District of Louisiana - 132 F. Supp. 2d 468 (E.D. La. 2001) February 23, 2001". law.justia.com. Retrieved May 18, 2022.

^ "Off the Board: NCAA v. Christie Challenges Congress to "Move the Line" on the Professional and Amateur Sports Protection Act" (PDF). pennstatelawreview.org. Archived (PDF) from the original on November 23, 2018. Retrieved May 18, 2022.

^ "Mastercard Sports Betting Sites". sportsbetting3.com. Retrieved May 18, 2022.

^ "Mastercard FAQ – Sports Gambling" (PDF). icba.org. Archived (PDF) from the original on October 25, 2022. Retrieved May 18, 2022.

^ "Mastercard Quick Reference Booklet - Merchant" (PDF). mastercard.us. Archived from the original (PDF) on May 31, 2022. Retrieved May 18, 2022.

^ McCullagh, Declan. (December 9, 2010) MasterCard pulls plug on WikiLeaks payments | Privacy Inc. – CNET News Archived December 29, 2013, at the Wayback Machine. news.cnet.com. Retrieved July 13, 2011.

^ Addley, Esther (December 8, 2010). "MasterCard site partially frozen by hackers in WikiLeaks "revenge"; "Operation: Payback" hacks into MasterCard site over payment network's decision to cease taking donations to WikiLeaks". The Guardian. Archived from the original on September 20, 2013. Retrieved April 14, 2022.

^ "Mastercard downed by Anon-Assange-fans". The Register. December 8, 2010.

^ "MasterCard Deemed Unsafe? "Anonymous" WikiLeaks Supporters Claim Privacy Breach". Huffington Post. December 8, 2010. Retrieved July 13, 2011.

^ "Wikileaks "data war" gathers pace". BBC News. December 7, 2010.

^ "Statement on DDOS attacks". wikileaks.ch. Archived from the original on December 10, 2010.

^ "UN rights chief concerned about pressure on WikiLeaks". Expatica Switzerland. AFP. December 9, 2010. Archived from the original on January 4, 2014. Retrieved April 14, 2022.{{cite web}}: CS1 maint: unfit URL (link)

^ "Legal action by DataCell and WikiLeaks against Visa and MasterCard". DataCell. March 24, 2011. Archived from the original on July 24, 2012. Retrieved July 13, 2011.

^ "Visa and MasterCard again suspending donations to WikiLeaks | RSF". rsf.org. July 8, 2011. Retrieved November 15, 2022.

^ A. O. L. Staff (August 5, 2020). "MasterCard and Visa May Face Legal Battle Over WikiLeaks". www.aol.com. Retrieved November 15, 2022.

^ Sayer, Peter (July 8, 2011). "Visa blocks WikiLeaks donations via DataCell once again". Network World. Retrieved November 15, 2022.

^ "DataCell files a complaint with the European Commission Archived January 6, 2016, at the Wayback Machine", datacell.com, July 14, 2011. Retrieved 5 Augusti 2012.

^ "Tvingas öppna för Wikileaksdonationer Archived July 15, 2012, at the Wayback Machine" (in Swedish) Sveriges Television, July 12, 2012. Retrieved July 30, 2012.

^ "Judgement Reykjavík District Court, 12 July 2012 in case number E-561/2012: Datacell ehf.", English translation of judgment. Archived February 10, 2014, at the Wayback Machine. Retrieved November 9, 2012.

^ WikiLeaks Wins Icelandic Court Battle Against Visa for Blocking Donations | Threat Level. Wired.com.

^ "SCANDALOUS: Outrage in Nigeria as government brands National ID Card with MasterCard's logo". Premium Times. August 29, 2014. President Jonathan, who flagged off the rollout, praised the outcome of a partnership between NIMC, MasterCard and Access Bank. "The card is not only a means of certifying your identity but also a personal database repository and payment card, all in your pocket," Mr. Jonathan said.

^ "SCANDALOUS: Outrage in Nigeria as government brands National ID Card with MasterCard's logo". Premium Times. August 29, 2014. The new ID card with a MasterCard logo does not represent an identity of a Nigerian. It simply represents a stamped ownership of a Nigerian by an American company," said Shehu Sani of the Civil Rights Congress of Nigeria. "It is reminiscent of the logo pasted on the bodies of African salves [sic] transported across the Atlantic.

^ Liao, Shannon (August 30, 2018). "Google reportedly bought Mastercard data to link online ads with offline purchases". The Verge.

^ "Google and Mastercard Cut a Secret Ad Deal to Track Retail Sales". Bloomberg.com. August 30, 2018.

^ "Mastercard India news: RBI restricts Mastercard from onboarding new customers in India | India Business News – Times of India". The Times of India. July 14, 2021. Retrieved March 6, 2022.

^ "Reserve Bank of India - Press Releases". www.rbi.org.in. Retrieved June 16, 2022.

^ "RBI lifts business restrictions imposed on Mastercard". Moneycontrol. June 16, 2022. Retrieved June 16, 2022.

^ Hàng, Thời Báo Ngân (October 13, 2020). "Mastercard và NAPAS hợp tác triển khai kết nối chuyển mạch thẻ". Thời Báo Ngân Hàng (in Vietnamese). Retrieved February 6, 2024.

^ tphcm.chinhphu.vn (October 13, 2020). "Mastercard và NAPAS hợp tác triển khai kết nối chuyển mạch thẻ". tphcm.chinhphu.vn (in Vietnamese). Retrieved February 6, 2024.

^ VnExpress. "Napas và Mastercard hợp tác triển khai kết nối chuyển mạch thẻ". vnexpress.net (in Vietnamese). Retrieved February 6, 2024.

^ Hùng, Ngọc (July 22, 2023). "AliPay và WeChat Pay chấp nhận thanh toán các thẻ tín dụng quốc tế tại Trung Quốc". Tạp chí Kinh tế Sài Gòn (in Vietnamese). Retrieved February 6, 2024.

^ Quoc, Bao (November 2, 2021). "Master card gift card". laodong.vn (in Vietnamese). Retrieved February 6, 2024.

^ VCCorp.vn (March 11, 2022). "Tỷ lệ người có nhu cầu và cân nhắc sử dụng thẻ tín dụng trong tương lai rất cao". cafef (in Vietnamese). Retrieved February 6, 2024.

^ Hưng -, Đào (March 23, 2022). "Thẻ tín dụng nội địa đang chiếm dần thị trường Việt". Nhịp sống kinh tế Việt Nam & Thế giới (in Vietnamese). Retrieved February 6, 2024.

^ VnExpress. "Cách tránh 'bỗng dưng mất tiền' với thẻ thanh toán online". vnexpress.net (in Vietnamese). Retrieved February 6, 2024.

^ ONLINE, TUOI TRE (August 12, 2022). "Mastercard tổ chức Hội nghị Khách hàng châu Á - Thái Bình Dương sau đại dịch". TUOI TRE ONLINE (in Vietnamese). Retrieved February 6, 2024.

^ Friedman, Gillian (December 10, 2020). "Mastercard and Visa stop allowing their cards to be used on Pornhub". The New York Times. ISSN 0362-4331. Retrieved October 12, 2023.

^ Klar, Rebecca (December 10, 2020). "MasterCard, Visa to stop allowing their cards to be used on Pornhub". The Hill. Retrieved October 12, 2023.

^ Rodrigo, Chris Mills (April 14, 2021). "Mastercard updates policy for adult content sellers". The Hill. Retrieved October 12, 2023.

^ a b Holston-Zannell, LaLa B. (October 15, 2021). "How Mastercard's New Policy Violates Sex Workers' Rights | ACLU". American Civil Liberties Union. Retrieved October 12, 2023.

^ "Sex Workers and Legal Advocates File Federal Trade Commission Complaint Against Mastercard". American Civil Liberties Union. Retrieved October 12, 2023.

^ https://www.aclu.org/wp-content/uploads/2023/08/Mastercard-Complaint-Final.pdf

^ "Three Types of Mastercard: Standard, World & World Elite – Forbes Advisor". www.forbes.com.

^ Martin, Andrew (April 8, 2010). "MasterCard Set to Open an Online Shopping Mall". The New York Times.

^ "Apple teams with payment networks to turn iPhone into wallet". SanDiegoNews.net. September 1, 2014. Retrieved September 1, 2014.

^ Keyes, Daniel. "Mastercard launches its B2B payments service". Business Insider. Retrieved May 13, 2020.

^ "Bitcoin's big moment: Mastercard jumps on the bandwagon". CNN. February 11, 2021. Retrieved February 11, 2021.

^ "Why Mastercard is bringing crypto onto its network". MasterCard. February 10, 2021. Retrieved February 11, 2021.

^ Son, Hugh (October 25, 2021). "Mastercard says any bank or merchant on its vast network can soon offer crypto services". CNBC. Retrieved November 28, 2021.

^ "Mastercard Now Allowing Cardholders to Buy NFTs on Several Marketplaces". finance.yahoo.com. June 10, 2022. Retrieved June 10, 2022.

^ "MasterCard's QkR mobile payment system enters trial in Australia". January 27, 2012. Retrieved January 26, 2014.

^ "MasterCard starts piloting QkR mobile payment app". January 26, 2012. Archived from the original on May 23, 2020. Retrieved January 26, 2014.

^ "ALERT: Due to licensing changes and rebranding efforts, the Mastercard Contactless (formerly known as PayPass) documentation has been moved". Mastercard. March 8, 2015. Archived from the original on May 8, 2015.

^ "Temassız Şifre Limiti Yenilendi;Temassız kartlarda şifresiz işlem limiti 500 TL'ye yükseltildi" [Contactless Password Limit Renewed; Unencrypted transaction limit for contactless cards increased to 500 Turkish lira]. tr:Bankalararası Kart Merkezi (in Turkish). Retrieved March 19, 2022.

^ "Nokia 6131 NFC – touch to pay credit card mobile phones start trickling onto the market". November 22, 2007.

^ Howcroft, Elizabeth (April 28, 2023). "Mastercard seeks to expand crypto card tie-ups". Reuters. Retrieved April 28, 2023.

^ "Mastercard aims to boost trust for blockchain transactions". Finextra Research. May 1, 2023. Retrieved May 1, 2023.

^ "Priceless Travel". MasterCard UK. Archived from the original on September 5, 2012. Retrieved July 13, 2011.

^ MasterCard Priceless Cities Archived April 21, 2013, at archive.today. Mastercard.co.uk (August 30, 2012).

^ Loomis, Jay (June 28, 2006). "MasterCard changing name". The Journal News. White Plains, NY. Archived from the original on October 16, 2007. Retrieved July 5, 2006.

^ Olenski, Steve. "The Story Behind Mastercard's New Logo". Forbes. Retrieved May 7, 2018.

^ Diaz, Ann-Christine (January 21, 2019). "From "Priceless" to Wordless: In dropping the moniker from its brandmark, Mastercard highlights the pitfalls and positives of going name-free". Advertising Age. Vol. 90, no. 2. p. 20.

^ "Morning Consult's Most Trusted Brands 2021". Morning Consult. Retrieved May 31, 2021.

^ Visa signs $170m deal with Fifa. BBC News (June 28, 2007). Retrieved July 13, 2011.

^ Collins, S. S. (2007). Unraced...: Formula One's Lost Cars. Veloce Publishing Ltd. ISBN 9781845840846.

^ "Bring Back V10s Podcast: Lola's disastrous 1997 F1 team". The Race. The Race Media. February 11, 2021. Retrieved February 11, 2021.

^ "Portal CBF". Confederação Brasileira de Futebol (in Brazilian Portuguese). Retrieved June 15, 2019.

^ "Copa Libertadores – Noticias, marcadores en vivo, resultados y partidos | Copa Libertadores". www.copalibertadores.com (in Spanish). Archived from the original on December 30, 2020. Retrieved June 15, 2019.

^ "Mastercard signs with League of Legends as first global partner of the world's largest esport". Mastercard Newsroom. Archived from the original on January 8, 2021. Retrieved September 19, 2018.

^ "Mastercard acquires title sponsorship rights for all BCCI international and domestic home matches". www.bcci.tv. Retrieved September 5, 2022.

^ "Mastercard Acquires Title Sponsorship Rights For All BCCI International, Domestic Home Matches | Cricket News". NDTVSports.com. Retrieved September 5, 2022.

^ "Contact Us." MasterCard. Retrieved February 2, 2011. "MasterCard Advisors 2000 Purchase Street Purchase, NY 10577."

^ Smith, Jacquelyn (December 12, 2012). "The Best Companies To Work For In 2013". Forbes. Retrieved November 10, 2017.

^ Chinwala, Yasmine; Spaarwater, Esther; Asimakopoulos, Panagiotis (December 2016). "HM Treasury Women in Finance Charter: Leading the Way" (PDF). gov.uk. Archived from the original (PDF) on July 11, 2018. Retrieved July 10, 2018.

^ "Executive Management". Mastercard Worldwide Investor Relations. Archived from the original on June 29, 2012. Retrieved March 25, 2020.{{cite web}}: CS1 maint: unfit URL (link)

^ "Board of Directors". MasterCard Worldwide Investor Relations. Retrieved May 24, 2023.

^ Nishant, Niket (September 21, 2021). "Mastercard chairman Banga to retire at year-end, Janow to head Board". WTVB. Reuters.

^ "Mastercard Reinforces Commitment to Creating a "World Beyond Cash"". Archived from the original on October 28, 2020. Retrieved July 29, 2020.

^ "Peer-to-Peer Network Architecture of Banknet" (PDF). Archived from the original (PDF) on March 26, 2007. Fact Sheet from MasterCard website. Retrieved April 4, 2013.

External links[edit]

Wikimedia Commons has media related to Mastercard.

Official website

Corporate website

Business data for Mastercard: GoogleSEC filingsYahoo!

vtePayment service providersActive

Adyen

Airtel Payments Bank

Amazon Pay

Ant Group

Apple

Card

Pay

Wallet

Atom

BHIM

bKash

BillDesk

Block

Afterpay

Cash App

Square

BPAY

Chase Paymentech

WePay

CNG

Dwolla

Freecharge

Global Payments

Gopay

Ingenico

Klarna

Mi-Pay

MobiKwik

Nagad

Nexi

Nuvei

Opayo

Oxigen Services

Passport

Paya

Paymentwall

Payoneer

PayPal

Braintree

Zettle

Venmo

Xoom

PayPoint

Paysafe

Neteller

Openbucks

paysafecard

Skrill

Paytm

PayU

PhonePe

POLi Payments

Qiwi

QRIS

Quahl

Red Dot Payment

Remita

Sarvatra Technologies

Shift4

Stripe

Tata Neu

Tencent

Verifone

VersaPay

Veem

WebMoney

Worldline SA

Worldpay, Inc.

YooMoney

Zeta

Defunct

Billpoint

C2it

Clinkle

Wirecard

PayDirect

Tez

Ukash

Zong

Category

List

vteCredit, charge and debit cardsMajor cards

American Express

Mastercard

Debit

Maestro

Visa

Debit

Electron

Cash

Regional and specialty cards

ArCa

AzeriCard

Bancomat

BC Card

BCA Card

Cabcharge

CB

Dankort

Discover

Diners Club

EFTPOS

Electronic Payment Services (EPS)

Elo

European Payments Initiative (EPI)

Forbrugsforeningen

Girocard

Isracard

JCB

Mir

MEPS

Meeza

NETS

PayPak

RuPay

Troy

UnionPay

UATP

Verve

Defunct cards

Access

Bankcard

Carte Blanche

Carte Bleue

Chipknip

Choice

enRoute

Eurocard

Everything

Laser

Mondex

Rail Travel Card

Revolution Card

Solo

Switch

PIN

Proton

V Pay

Accounts

Payment card number

Card association

Credit card balance transfer

Credit limit

Installment loan

Revolving account

Deposit account

Current/checking account

Savings account

ATM card

Fees

Debt

Cash advance

Charge-off

Debt-lag

Interest

Grace period

Introductory rate

Universal default

Payment

Card not present transaction

Chargeback

Controlled payment number

Dispute

Interchange

Fee

Surcharge

Card scheme

Interbank networks

Cirrus

Interac

Pulse

Plus

Security

Card security code

Chargeback fraud

Credit card fraud

Credit card hijacking

Technology

Automated teller machine

Contactless payment

Credit card imprinter

EMV

Hardware security module

Interbank network

Magnetic stripe card

Payment terminal

Personal identification number

Secure cryptoprocessor

Smart card

Banking

Issuing bank

Acquiring bank

vteThomson ReutersLegal

Carswell

FindLaw (Writ)

La Ley

Practical Law Company

Sweet & Maxwell (IDS)

West

Westlaw

Media

Reuters

Breakingviews

ITN (20%)

Tax & accounting

ONESOURCE State Apportionment

Predecessors

Reuters Group

The Thomson Corporation

International Thomson Organization

Other

3 Times Square

Tom Glocer

David Thomson

ContractExpress

The Woodbridge Company

Category

Authority control databases International

ISNI

VIAF

National

Germany

United States

Czech Republic

Retrieved from "https://en.wikipedia.org/w/index.php?title=Mastercard&oldid=1213173450"

Categories: MastercardCredit cardsCredit card issuer associationsFinancial services companies of the United StatesContactless smart cardsOnline paymentsFormer cooperatives of the United StatesMultinational companies headquartered in the United StatesFinancial services companies based in New York (state)Companies based in Purchase, New YorkAmerican companies established in 1966Financial services companies established in 19661966 establishments in New York (state)Companies listed on the New York Stock Exchange2006 initial public offeringsCompanies in the Dow Jones Global Titans 50Hidden categories: Pages with non-numeric formatnum argumentsCS1 maint: unfit URLWebarchive template wayback linksCS1 Dutch-language sources (nl)Articles with Swedish-language sources (sv)CS1 Vietnamese-language sources (vi)CS1 Turkish-language sources (tr)Webarchive template archiveis linksCS1 Brazilian Portuguese-language sources (pt-br)CS1 Spanish-language sources (es)Articles with short descriptionShort description matches WikidataUse mdy dates from April 2019Use American English from July 2022All Wikipedia articles written in American EnglishAll articles with unsourced statementsArticles with unsourced statements from April 2018Articles containing potentially dated statements from October 2022All articles containing potentially dated statementsArticles with unsourced statements from February 2011Articles with unsourced statements from February 2020Articles with unsourced statements from February 2014Wikipedia articles in need of updating from March 2016All Wikipedia articles in need of updatingCommons category link is on WikidataArticles with ISNI identifiersArticles with VIAF identifiersArticles with GND identifiersArticles with LCCN identifiersArticles with NKC identifiers

This page was last edited on 11 March 2024, at 13:58 (UTC).

Text is available under the Creative Commons Attribution-ShareAlike License 4.0;

additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Code of Conduct

Developers

Statistics

Cookie statement

Mobile view

Toggle limited content width

Mastercard Standard Debit Card | Debit Card Benefits

Mastercard Standard Debit Card | Debit Card Benefits

Skip to Content

Priceless™ Specials

Explore the world with Mastercard's offers curated specially for you

 

 

Manage Cookies

Ways to pay | Mastercard Philippines

Ways to pay | Mastercard Philippines

Skip to Content

Manage Cookies