mastercard

MasterCard is an electronic payment processor that makes money by processing payments between the banks of merchants and the banks of purchasers that use its MasterCard debit and credit cards and Prepaid MasterCard to make purchases. MasterCard's main competitors are Visa, American Express, and Discover. MasterCard ranks behind Visa as second in total market share.

Although MasterCard has brand loyalty and is recognized the world over, almost half of its revenues come from within the borders of the United States. In no country outside of the U.S. does its revenues account for more than 10 percent.

The new Credit Card Accountability, Responsibility and Disclosure (CARD) Act will affect MasterCard and other card issuers. The reform includes interest rate increase restrictions, more notice before changing rates, and restrictions on fees that can be charged among other items that it addresses. This is likely to affect earnings for the credit card companies.

Bloggers speaking about MasterCard can be found at sites like itpro and finextra.

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Original Technorati articles tagged “mastercard”

• in Finance
  What Do Tiger Woods and MasterCard Have in Common?
  Interview with MasterCard's Ed McLaughlin
  by ecoleader / on Mar 27, 2013
• in Business
  Notice to Consumers: Merchandise Prices are Going Up
  MasterCard & Visa purchases, as well as most online buying stands to get more expensive due to two new developments
  by donckster / on Jul 20, 2012
• in Technology
  Are We Ready for Mobile Payments? MasterCard Answers
  A Visually Interactive Tool with Eye-Opening Trends
  by ecoleader / on May 7, 2012

Latest blogosphere posts tagged “mastercard”

 

• Headline News - May 24, 2013

  
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  On the web: Visa, MasterCard Fire Back on Card Fees - Wall St. Journal - "The worlds largest payment networks asked a federal judge Friday to rule that their practices for setting fees paid by merchants that accept credit and debit cards arent anticompetitive..." Rejecting $7 Billion Deal, Retailers Sue Visa and ...
  1 day ago

• Mobile payments from MasterPass focuses on quick service restaurants

  
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  For more Mobile Commerce news related articles. MasterCard has added its smartphone friendly transactions to the Burger King delivery program. MasterCard has just announced that BK Delivers, the Burger King delivery program, is the latest to add its name to the businesses that are now accepting the MasterPass ...
  5 days ago

• Yellow Lagos Meia Praia Hotel, Lagos, Portugal

  
  — Authority:
  The Yellow Lagos Meia Praia Hotel was built in 2010 and offering a total of 220 rooms, this beach hotel is the perfect place to enjoy a harmonious blend of comfort and leisure. The long, 4-km stretch of sandy beach invites guests to take a long dip at sunset, search for shells as the tide goes out or enjoy exciting ...
  5 days ago

• A Credit-free Card: What is a prepaid credit card?

  
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  In this high-tech era of computers and machines, the purchasing power of people is mostly based on credit. Nowadays, credit cards are almost indispensable in almost any business transaction. For one, nobody can purchase anything online without a credit card. People who have a poor credit history though, will have a ...
  5 days ago

• The dangers of dynamic currency conversion

  
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  Processing a credit card charge for overseas purchases used to be pretty simple. You swiped your card while on vacation, your bank changed the money from pesos or euros into greenbacks, and the amount you’d spent appeared on your bill. Maybe you paid a small conversion fee, but you also got a...
  1 week ago

• Currency Exchange: What You Use Matters

  
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  Filed under: Europe , North America , United States , Budget Travel , Travel Security craigfinlay/Flickr To International travelers, the name Travelex should sound familiar. They are the largest airport currency exchange operator in the world. But a recent currency exchange study comparing the cost of ...
  1 week ago

• Sprint adds Google Wallet support to HTC One, Samsung Galaxy S4 and Note 2

  
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  Sprint has been working with Google to expand support for Google Wallet on its devices and has added the HTC One, Samsung Galaxy S4, and Samsung Galaxy Note 2 to the list of compatible devices. Both the HTC One and Samsung Galaxy S4 are widely considered leading Android smartphones currently so this should create a ...
  1 week ago

• Upromise World MasterCard Review: $50 Cash Back Bonus

  
  Hustler Money Blog — Authority: 131
  Barclaycard’s Upromise World MasterCard® is offering $50 cash back with your first purchase along with 0% introductory APR on purchases and balance transfers for the first 12 months from account opening. With eligible online purchases through Upromise online shopping portal, you can earn 5% or more cash back as ...
  1 week ago

• 5 Facebook Consumer Interaction Drivers From Sigmund Freud

  
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  Sigmund Freud is famous for making society’s understanding of the conscious mind versus the unconscious mind popular. The conscious mind is associated primarily with our current moment of perceptions and awareness, while the unconscious mind largely motivates the actions in our lives — even if these motivational ...
  1 week ago

• Headline News - May 17, 2013

  
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  On Twitter: Were hosting a payments meetup at @ gumroad with talks by @ airbnb and @ square —come by! gumroad.com/meetup — Sahil Lavingia (@shl) May 17, 2013 On the web: The future of Bitcoin: 3 predictions from experts - GigaOm - "Casares explained how some people in his country are using “old ...
  1 week ago

• MasterCard Presents 20% Off London Shopping Night

  
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  This is a sponsored post on behalf of Mastercard Priceless London. For one night only, Seven Dials and St Martin’s Courtyard are closing their streets to traffic and inviting Londoners to a 20% off shopping night in Covent Garden . On the evening of Thursday 30 May, over 120 stores and venues will ...
  1 week ago

• Online Criminal Organization Stole $40 Million From Visa Cards in 10 Hours

  
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  At the stroke of 3pm on Feb 19, the simple click of a mouse set off a 10-hour-operation in more than 20 countries resulting in a $40 million sting. There were more than 36,000 withdrawals at the end of the operation that targeted Visa and Mastercard prepaid debit cards. The cyber heist was carried out in two dozen ...
  1 week ago

• MasterCard Expands MasterPass Merchant Acceptance

  
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  Over on MasterCards Cashless Conversations blog , Ken Moy writes about the recent additions of BK Delivers, LivingSocial and Rakuten.com to the list of merchants now accepting MasterPass . He continues: We see MasterPass as the future of digital payments — allowing you to shop and make a payment on your phone, ...
  1 week ago

• Avoid These 10 Going Global Mistakes At All Costs

  
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  Conducting business in the global marketplace is not the same as it is at home in a local market. Here are 10 common mistakes that occur when going global and how you can avoid them. Note:  I wrote the article below for the MasterCard Business Network and it is based on experience. Going Global:  The Top 10 ...
  1 week ago

• Interest rates on credit cards hit highest point in 13 years

  
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  Interest rates on credit cards have hit a 13-year high. Image: MoneyBlogNewz/Flickr.com/CC-BY The interest rates charged on credit cards have recently reached a 13-year high. Since legislation has changed the rules about how interest can be charged, card companies are raising the base rates to make up lost ground. ...
  1 week ago

• For banks in cyber heist, how to get their money back?

  
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  Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Oman-based Bank of Muscat lost $40 million and United Arab Emirates-based National Bank of ...
  1 week ago

• MasterCard to power Nigerian Identity Card Program

  
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  13 Million Cards to be issued first, in largest card rollout of its kind in Africa [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  2 weeks ago

• In Hours, Thieves Took $45 Million in A.T.M. Scheme

  
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  The authorities said laptops and the Internet were used in more than two dozen countries to steal from A.T.M.’s, including 2,904 machines in New York City, in one day.        
  2 weeks ago

• 120 Million Nigerians To Receive MasterCard Branded National Identity Smart Cards

  
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  The Nigerian National Identity Management Commission (NIMC) and MasterCard have announced a pilot project to roll out 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability. The program is the largest roll-out of a formal electronic payment solution in the country and the ...
  2 weeks ago

• Barclaycard Arrival World MasterCard Review: No Annual Fee and $200 Bonus

  
  Hustler Money Blog — Authority: 131
  The Barclays Arrival Card , with no annual fee, is offering 20,000 bonus miles when you spend $1,000 on purchases in the first 90 days(that equates to $200 off your next trip). It’s a travel credit card that lets you earn 2 points per dollar on travel and dining and 1 point per dollar on all other purchases. ...
  2 weeks ago

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