MasterCard® serves millions of consumers and businesses in over 210 countries and territories. By offering payment options such as credit, debit, and prepaid cards, MasterCard® is meeting the needs of millions of consumers. MasterCard® benefits go beyond the purchasing power of an industry leader. MasterCard® cardholder enjoys a suite of standard benefits designed for maximum peace of mind and convenience.
Accepted in over 200 countries around the world, MasterCard has evolved into a juggernaut in the world of high finance, commercial transactions and international commerce. The company provides unsurpassed security and unparalleled access to a worldwide network for processing credit card transactions. It has never been easier or quicker to pay for everything from a Jeep tour in Tanzania to a sushi dinner in Tokyo. MasterCard's reach and availability are integral to the varied and far ranging lifestyles of its cardholders.
While a large percentage of credit cards do display the MasterCard name, the company does not, in fact, issue any credit cards nor establish any credit card terms. Instead, they occupy a unique position in the credit card industry acting as a link between tens of thousands of financial institutions that issue the cards, the merchants who accept the card and the customers who use them. This situation allows every card issuing institution to set its own terms including fee, APR, balance transfer and cash advance policies.
Similarly, the MasterCard logo will usually appear on their cards, but the company has allowed the individual branding of its product by a wide variety of other industries. Individual banks, hotels, universities and charitable organizations have leveraged the MasterCard brand and organization to create their own customized credit cards.
MasterCard plays an integral part in the customer purchasing experience around the world. For almost 50 years, it has led the credit card industry by providing innovative products, technological solutions and superior customer satisfaction.