Cards and Card Programs from MasterCard
MasterCard is one of the oldest and most respected of the credit card companies which have been around since the year 1969. This is the year that master Charge and the Everything card merges and created a single credit card. However the name remained Master Charge and the familiar logo of the orange and gold circles were born. It wasn’t until ten years later that the name of this credit card was changed to MasterCard in 1979.
MasterCard card replacement program
Although Visa had a ten year head start on MasterCard, it did not take them long to catch up and join Visa as one of the main credit card companies which is globally recognized and accepted at millions of retailors around the world as well as ATM machines. This is because the company took innovative steps such as the launching of the emergency card replacement program and anti-theft laser edged hologram which was used to prevent fraudulent activity.
MasterCard credit and debit card programs
These cutting edge advancements which MasterCard strived to obtain helped them to quickly grow in popularity with more than 120 MasterCard users around the world by the year 1985. When you combine the partnership with Cirrus which was achieved in 1988 you can see why this well-known credit card company is still one of the most trusted and accepted credit card and debit card programs available today.
Although many people think that it is MasterCard or Visa actually loaning the money which is given when a line of credit is extended on a credit card, it is not it is the bank which they have partnered with. This is a common misconception that many consumers have about how credit and debit card programs work. If you still have any unanswered questions about any of the MasterCard programs we offer or would like further information about or Visa or MasterCard prepaid cards, debit cards, credit cards or cobranded cards please feel free to contact us.