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MasterCard is one of the pioneering global credit card payments companies, and was founded in 1966 as the Interbank Card Association. The MasterCard brand came into existence in the 1970s, when the original MasterCharge Corporation created by Interbank changed its official name to MasterCard. Surprising though that many internet searchers look for the company under the name, “Master Card”.
Today MasterCard credit cards are accepted in more than 200 countries. Any cardholder who has a credit card bearing the MasterCard logo – from a bank or other card issuer – can use the MasterCard credit card at any merchant location or other business that accepts MasterCard credit cards. MasterCard is responsible – along with its rival and counterpart Visa – for the vast majority of credit card transactions. MasterCard Worldwide does not directly issue credit cards to consumers.
MasterCard provides banks and other card issuing companies the flexibility to offer their own rates and deals, and that is why you will find so much variety among Mastercard credit card offers available. These MasterCard branded cards are offered by thousands of different kinds of brands and businesses including financial institutions, banks, airlines, hotels, universities, and charitable organizations. Mastercard Offers credit cards perfect for college students and people with bad credit history.