MasterCard Worldwide

Over Four Decades of MasterCard

Electronic payments now dominate the transaction landscape worldwide and MasterCard Worldwide has evolved from a small consortium of banks in the 60′s to a renowned leader in the Global Payments Network. Early on, MasterCard saw the opportunity in international markets by expanding into Japan, Mexico and Europe in 1968. Hitting their stride in the 80′s, MasterCard was the first player to issue a plastic card in China. The first online debit product, Maestro(R) was also launched in a partnership with Europay International. The last two decades have brought about enormous innovations in the electronic transaction field with leaders like MasterCard bringing safer, more efficient, faster and more convenient product to the masses. In 2006, MasterCard became more transparent as it put out an IPO to the markets based on a three prong vertical model of network-branded franchise, program manager/processor and advisory services. The company is strategically located around the globe and committed to growth through innovation, product diversification and solid partnerships.

MasterCard and Electronic Transactions

The world of online and electronic payments has all but overtaken the dogged paper check traditions of our forefathers. Security, Safety, Control, Expedience and Convenience have become the common buzz words of the industry. It used to be that bank wire transfers were the main method of “electronically” transferring funds from one location to another. Now, credit cards, debit cards and a newer player, PREPAID debit cards have become the most popular avenue chosen by many individual and corporate consumers alike. Whether visiting a retail merchant in person, purchasing products over a land line or adding-to-cart online, plastic cards have become the most desirable means of obtaining goods and services in today’s fast-paced environment. Through their vast electronic network, MasterCard has been an integral part of aiding merchants grow their companies as well as helping consumers with a fast, easy, safe and efficient means of purchasing products and services.

Future Products of MasterCard

Accessing funds, whether on credit or from one’s own account is the mainstay of the economy. MasterCard offers various card products in just about every category that are designed to help people and corporations get necessary funds. As a Network-Branded card, MasterCard emblazons its red, gold and white logo on a variety of credit, debit and prepaid debit cards, some with technology beyond that of the traditional magnetic stripe. PayPass(TM) is a “contactless” product that allows people to just Tap and Go(TM). MasterCard also innovated the Payment Gateway system that intelligently connects all parties to a transaction including issuers, suppliers and purchasers. Chip Solutions is an all-encompassing platform that offers complete and customizable solutions in the ever changing chip technology markets. Although the average person is not yet effected by some of these advancements and most credit, debit and prepaid cards still use a magnetic stripe, look for some of these products in the not-too-distant future.

MasterCard Worldwide Debit Cards

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Bank Freedom MasterCard Prepaid Expense Card The Bank Freedom MasterCard Prepaid Expense Card helps you manage, control, and track employee spending in real-time. Small busineses and even larger businesses can use the Expense Card to manage and control employee spending. There’s no credit check so you don’t worry if your business has bad credit or no credit history. Since it’s prepaid, you never have to worry about excessive employee spending, overspending your budget, overdraft fees or over-the-limit fees. Read More

Walmart MoneyCard MasterCard Prepaid Card Retail giant Walmart wants to further add value to its customers by offering the prepaid Walmart MoneyCard Mastercard. You can actually get the MoneyCard in either Visa or MasterCard depending on your preference. There are also four designs to choose from – grey, black, blue or gold all displaying the Walmart logo and insignia. You can load money on the prepaid MoneyCard in a variety of ways including a visit to a Walmart store (cash or check) cashier or MoneyCenter Express machine, direct deposit of a pay or benefits check, online bank transfer or by purchasing a MoneyPak or Cash Reload card. Read More

Mango MasterCard Prepaid Card The Mango MasterCard prepaid debit card offers a fresh way to manage money. We love the simplicity and easy maneuverability of the Mango website. When you use the Mango MasterCard, most of the financial tasks you perform have no fee associated with them – and the fees that are charged are just a few and disclosed well!. There are also a ton of extra features and benefits included with the Mango prepaid MasterCard that you just don’t get with many prepaid cards out there. Read More

BuyRight.Com BuyRight.com has come up with a pretty compelling package — a card that let’s you earn tons of reward points (and use them to buy stuff like cell phone minutes, calling cards, etc.). Read More

EXACT Prepaid MasterCard Experience freedom and convenience with the EXACT prepaid debit MasterCard. The EXACT card is accepted anywhere in the world that accepts MasterCard. This prepaid debit card offers a diverse set of features and can save you money with no interest fees or late fees. Read More

O2USA Prepaid MasterCard The O2USA Mastercard prepaid debit card is made to function like a checking account for millions of consumers worldwide that don’t have a traditional banking relationship. The O2USA card also puts the purchasing power of MasterCard in your pocket, not to mention Zero Liability fraud protection as well as FDIC account insurance. There is no credit or background check, so O2USA guarantees you will be approved (see website for details). Read More

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