What does Mastercard do?

About Mastercard | Who We Are | Who We Serve Mastercard's vision is to create a world beyond cash. Get to know about what we do, our innovative payment technology, types of customers we serve and much more. Skip to Content Unlocking potential

Where is MasterCard headquartered?

Mastercard Inc. (stylized as MasterCard from 1979–2016, mastercard from 2016–2019) is the second-largest payment-processing corporation worldwide. It offers a range of financial services. Its headquarters are in Purchase, New York.

Does MasterCard provide chargeback rights?

Transaction Eligibility MasterCard provides chargeback rights to the issuer under this message reason code when the following occur. • The acquirer name, acquirer ID, merchant name, and merchant location are listed in the Global Security Bulletin under the GMAP.

Is MasterCard a major payment network?

Mastercard is the second-largest payments network, ranked behind Visa, in the global payments industry. Other major payments networks include American Express and Discover. Mastercard partners with member financial institutions all over the world to offer Mastercard-branded network payment cards.