
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.
| About MasterCard Worldwide |
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| Stock Symbol: | NYSE: MA |
| Website: | www.mastercard.com |
| Corporate Headquarters: | Purchase, NY |
| Address: | 2000 Purchase Street, Purchase New York 10577 |
MasterCard Worldwide Debit Cards
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 |
Univision MasterCard Prepaid Card
The Univision MasterCard prepaid debit card offers a wide variety of features and benefits not found in all prepaid cards. The Univision prepaid card offers a full range of spending and loading options to cardholders that require diverse uses. With clear and predictable fees, diligent card users can expect very few surprises. Read More |
Eufora Elite ($0 up front)
You CAN have it all, with Eufora Elite. The new Eufora Elite card has a $0 upfront offer — for a limited time only you can save almost $100 with their $0 upfront offer. This card helps you build your credit. Plus, you save $100. What’s not to like? Read More |
AccountNow Prepaid MasterCard with (No Direct Deposit)
The AccountNow Prepaid MasterCard comes in several options. The option reviewed here is the version which does not require that you use direct deposit. Although we typically recommend using direct deposit (where appropriate), we understand that there are situations where you just want a shopping card or want to use a card for “lighter” use than as your primary banking account. The AccountNow MasterCard without direct deposit may fit your needs. Read More |
NetSpend MasterCard Prepaid Card (Premier Fee Advantage Version – with Direct Deposit)
NetSpend is considered one of the country’s largest and fastest-growing Prepaid Debit Card processors and marketers. It’s no surprise that the NetSpend Prepaid MasterCard is a top-of-the-line network-branded card recognized by thousands of merchants worldwide. NetSpend currently offers the MasterCard in three versions: a Pay as You Go plan, a Fee Advantage plan, and their Premier Fee Advantage plan (reviewed here), which requires direct deposit. |
AccountNow Prepaid MasterCard with (Direct Deposit)
The AccountNow Prepaid MasterCard can replace any bank account. When you set up Direct Deposit of your pay or benefits check with your AccountNow MasterCard, you enjoy great savings. Check out this feature packed card right now. Read More |
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