1. MasterCard

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  2. About MasterCard

    MasterCard Worldwide is a multinational corporation based in Purchase, NY in the United States.
    Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its "MasterCard" branded debit- and credit cards to make purchases. MasterCard Worldwide has been a publicly traded company since 2006. Prior to its initial public offering, MasterCard Worldwide was a membership organization owned by the 25,000+ financial institutions that issue its card.

    It was originally created by United California Bank (later First Interstate Bank, subsequently merged into Wells Fargo Bank), Wells Fargo, Crocker National Bank (also subsequently merged into Wells Fargo), and the Bank of California (subsequently merged into the Union Bank of California) as a competitor to the BankAmericard issued by Bank of America. BankAmericard is now the VISA credit card, issued by Visa International."

  3. Quotes about MasterCard

    1. We are very pleased to have MasterCard join us as a strategic partner. Over the past five years, ECS has established a large customer base for our flexible and scalable Electra platform, which we expect will be further adopted in the market as a result of this alliance.
      Ramesh Mengawade in MasterCard Picks 12.5% In Pune's ElectraCard Services
    2. The investment in ECS bolsters MasterCard's overarching global processing strategy by further extending MasterCard's product offerings and enhancing services across the full spectrum of the processing value chain not only in India but also in Asia Pacific, Middle East and Africa.
      In MasterCard Picks 12.5% In Pune's ElectraCard Services
    3. Today's launch of the world's first virtual number on a mobile card marks a big milestone in mobile commerce. The airtel 1time Shopping Card is proof that airtel will deliver innovative and relevant mobile solutions that will help consumers overcome the daily challenges in their lives. The solution will offer consumers a robust e-commerce solution that delivers security, accessibility, acceptance, ability and a global reach. Subsequent phases of the program will allow airtel subscribers to make payment across the MasterCard network.
      Manoj Kohli in World’s First Virtual Credit Card Launched by Airtel