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{{Use mdy dates|date=July 2011}}
{{Infobox company
|name = Mastercard Incorporated
|logo = [[File:Mastercard Worldwide Logo.svg|190px]]
|type = Public
|traded_as = {{New York Stock Exchange|MA}}<br />[[S&P 500|S&P 500 Component]]
|industry = [[Financial services]]
|foundation = {{Start date|1966}}
|location_city = [[MasterCard International Global Headquarters]], [[Purchase, New York|Purchase]], [[Harrison, New York|Harrison]],<br />New York
|location_country = United States
|area_served = Worldwide
|key_people = [[Ajaypal Singh Banga|Ajay Banga]]<br />(President & CEO)<br />Richard Haythornthwaite<br />(Chairman)
|products = [[Credit card]]s, [[payment system]]s
|revenue = {{Increase}} US$ 5.539 [[1000000000 (number)|billion]] (2010)<ref name=10K>{{cite web |url=http://www.sec.gov/Archives/edgar/data/1141391/000119312511044721/d10k.htm |title=2010 Form 10-K, MasterCard Incorporated |publisher=United States Securities and Exchange Commission}}</ref>
|operating_income = {{Increase}} US$ 2.757&nbsp;billion (2010)<ref name=10K/>
|net_income = {{Increase}} US$ 1.846&nbsp;billion (2010)<ref name=10K/>
|assets = {{Increase}} US$ 8.837&nbsp;billion (2010)<ref name=10K/>
|equity = {{Increase}} US$ 5.216&nbsp;billion (2010)<ref name=10K/>
|num_employees = 5,600 (2010)<ref name=10K/>
|homepage = {{URL|http://www.mastercard.com/|MasterCard.com}}
}}
'''Mastercard Incorporated''' ({{New York Stock Exchange|MA}}) or '''MasterCard Worldwide''' is an American [[Multinational corporation|multinational]] [[financial services]] corporation with its headquarters in the [[MasterCard International Global Headquarters]], [[Purchase, New York|Purchase]], [[Harrison, New York|Harrison]], New York, United States.<ref name=10K/> Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the "MasterCard" brand [[Debit card|debit]] and [[credit card]]s to make purchases. MasterCard Worldwide has been a publicly traded company since 2006. The company was created by two entrepreneurs in Louisville, Ky. named Raymond Tanenhaus and Stanley Benovitz. It was absorbed by the United California Bank in year 1966. Prior to its [[initial public offering]], MasterCard Worldwide was a [[cooperative]] owned by the 25,000+ [[financial institution]]s that issue its card.

MasterCard, originally known as Master Charge,<ref name=milestones>{{cite web|title=Master Card Milestones|url=http://www.mastercard.com/us/company/en/ourcompany/company_milestones.html|work=Milestones/Mastercard|publisher=MasterCard|accessdate=20 September 2011}}</ref> was created by several California banks as a competitor to the BankAmericard issued by [[Bank of America]], which later became the Visa credit card issued by [[Visa Inc.]] The original banks behind MasterCharge were United California Bank (later [[First Interstate BancSystem|First Interstate Bank]] and subsequently merged into [[Wells Fargo|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]]).

==History==
{{multiple image
|direction = vertical
|align = left
|width = 220
|image1 = Mastercharge.jpg
|alt1 = The 1970s Master Charge card.
|caption1 = The 1970s Master Charge card.

|image2 = Mcold.PNG
|alt2 = First MasterCard logo used from 1979–90.
|caption2 = First MasterCard logo used from 1979–90.

|image3 = MasterCard Logo.svg
|alt3 = MasterCard logo used on cards 1997 to present.
|caption3 = MasterCard logo used on cards 1997 to present.
}}

In 1966 the aforementioned group of California banks formed the Interbank Card Association (ICA). With the help of New York's [[Marine Midland Bank]], now [[HSBC Bank USA]], these banks joined with the ICA to create "Master Charge: The Interbank Card". The card was given a significant boost in 1969, when [[Citibank|First National City Bank]] joined, merging its proprietary [[The Everything Card|Everything Card]] with Master Charge.

In 1979, "Master Charge: The Interbank Card" was renamed simply "'''MasterCard'''". In the early 1990s MasterCard bought the British [[Access (credit card)|Access card]] and the Access name was dropped. In 2002, MasterCard International merged with [[Europay International|Europay International SA]], another large credit-card issuer association, which for many years issued cards under the name '''Eurocard'''.

In 2006, MasterCard International underwent another name change to MasterCard Worldwide. This was done in order to suggest a more global scale of operations. In addition, the company introduced a new corporate logo adding a third circle to the two that had been used in the past (the familiar card logo, resembling a [[Venn diagram]], remains unchanged). A new corporate tagline was introduced at the same time: "The Heart of Commerce".<ref>{{cite news
|url=http://www.lohud.com/apps/pbcs.dll/article?AID=/20060628/BUSINESS01/606280347&SearchID=73249164236337
|title=MasterCard changing name
|author=Jay Loomis
|publisher=[[The Journal News]]
|date=June 28, 2006}}</ref>

===IPO===
The company, which had been organized as a [[cooperative]] of banks, had an [[IPO|initial public offering]] on May 25, 2006 at $39.00 USD. The stock is traded on the [[NYSE]] under the symbol MA.

===Litigation===
Both MasterCard and Visa have paid approximately $3&nbsp;billion in damages resulting from a [[class-action lawsuit]] filed by [[Hagens Berman]] in January 1996.<ref>[http://www.hagens-berman.com/visa_mastercard_lawsuit Visa/MasterCard Litigation], January 1, 1996</ref> The [[litigation]] cites several retail giants as [[plaintiffs]], including [[Wal-Mart]], [[Sears Holdings Corporation|Sears Roebuck & Company]], and [[Safeway Inc.|Safeway]].<ref>[http://www.inrevisacheckmastermoneyantitrustlitigation.com/ Inrevisacheckmastermoneyantitrustlitigation.com]. Inrevisacheckmastermoneyantitrustlitigation.com. Retrieved on July 13, 2011.</ref>

In October 2010, Visa and MasterCard reached a settlement with the [[U.S. Justice Department]] in another antitrust case. The companies agreed to allow merchants displaying their logos to decline certain types of cards (because [[interchange fee]]s differ), or to offer consumers discounts for using cheaper cards.<ref>Vanek, Stacey. (October 4, 2010) [http://marketplace.publicradio.org/display/web/2010/10/04/pm-visa-mastercard-settlement-means-more-flexibility-for-retailers/ Visa, Mastercard settlement means more flexibility for merchants | Marketplace From American Public Media]. Marketplace.publicradio.org. Retrieved on July 13, 2011.</ref>

== Criticism ==
The [[European Union]] has repeatedly expressed concern over the dominance of Mastercard. In April 2009, Mastercard reached a settlement with the European Union in an antitrust case, promising to reduce debit card payments to 0.2 percent of a purchase.<ref>[http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/515/ europa.eu]</ref> In December 2010, a senior official from the European Central Bank called for a break-up of the Visa/Mastercard duopoly by creation of a new European debit card for use in the [[Single Euro Payments Area]] (SEPA).<ref>[http://www.forexhound.com/article/Central_Banks/ECB_Publications/ECB_SEPA_a_busy_year_is_coming_to_its_end_and_another_exciting_year_lies_ahead/258060/ ]{{dead link|date=July 2011}}</ref> After Mastercard's blocking of payments to [[WikiLeaks]], members of [[European Parliament]] expressed concern that payments from European citizens to a European corporation could apparently be blocked by America, and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.<ref>[http://www.trouw.nl/nieuws/media-technologie/article3332240.ece/Zorgen_over_dominantie_Visa_en_Mastercard_in_Europa.html/ Zorgen over dominantie Visa en Mastercard in Europa – Nieuws – TROUW]. Trouw.nl (February 28, 2011). Retrieved on July 13, 2011.</ref>

WikiLeaks published documents showing that American authorities lobbied Russia to defend the interests of Visa and MasterCard.<ref>{{fr}}http://www.lepoint.fr/monde/russie-wikileaks-visa-et-mastercard-au-coeur-de-troublantes-revelations-08-12-2010-1272689_24.php</ref>

In December 2010, MasterCard blocked all payments to [[WikiLeaks]] due to claims that they engage in illegal activity.<ref>McCullagh, Declan. (December 6, 2010) [http://news.cnet.com/8301-31921_3-20024776-281.html MasterCard pulls plug on WikiLeaks payments | Privacy Inc. – CNET News]. News.cnet.com. Retrieved on July 13, 2011.</ref> In a response a group of online activists calling themselves "Anonymous" organised a [[denial-of-service attack]], as a result the MasterCard website experienced [[downtime]] on December 8–9, 2010.<ref>{{cite news| url=http://www.guardian.co.uk/media/2010/dec/08/mastercard-hackers-wikileaks-revenge | location=London | work=The Guardian | first=Esther | last=Addley | title=MasterCard site partially frozen by hackers in WikiLeaks 'revenge' | date=December 8, 2010}}</ref>
Wikileaks spokesman said: “We neither condemn nor applaud these attacks."<ref>[http://wikileaks.ch/articles/2010/Statement-on-DDOS-attacks.html ]{{dead link|date=July 2011}}</ref> U.N. [[Office of the United Nations High Commissioner for Human Rights|High Commissioner for Human Rights]], [[Navi Pillay]] said that closing down credit lines for donations to WikiLeaks "could be interpreted as an attempt to censor the publication of information, thus potentially violating WikiLeaks' right to freedom of expression".<ref>[http://www.expatica.com/ch/news/swiss-news/un-rights-chief-concerned-about-pressure-on-wikileaks_116334.html UN rights chief concerned about pressure on WikiLeaks < Swiss news | Expatica Switzerland]. Expatica.com. Retrieved on July 13, 2011.</ref> The company that enables Wikileaks to accept credit and debit card donations says it will take legal action against Visa Europe and Mastercard.<ref>[http://www.datacell.com/news.php News – DataCell – Coolest Datacenter on the Planet]. DataCell (March 24, 2011). Retrieved on July 13, 2011.</ref> IT firm Datacell said it would move immediately to try to force the two companies to resume allowing payments to the anti-secrecy website. Iceland-based Datacell had earlier said that suspension of payments towards Wikileaks is a violation of the agreements with their customers. Visa Europe and Mastercard have yet to comment on the legal threat. In view of MasterCard's stand on WikiLeaks crisis, MasterCard has been mocked widely across the internet as users lampooned its distinctive advertising slogans: "Freedom of speech: priceless. For everything else, there's MasterCard".

==Advertising==
MasterCard's current advertising campaign tagline is "''Priceless''". The slogan associated with the campaign is "There are some things money can't buy. For everything else, there's MasterCard." The Priceless campaign in more recent iterations has been applicable to both MasterCard's credit card and [[debit card]] products. They also use the 'Priceless' description to promote products such as their "priceless travel" site which features deals and offers for MasterCard holders,<ref>[http://www.mastercard.co.uk/travel/ Priceless Travel]. Mastercard. Retrieved on July 13, 2011.</ref> and "priceless cities", offers for people in specified locations.<ref>[http://www.mastercard.co.uk/priceless-cities/london/ MasterCard Priceless Cities]</ref>

The first of these ''Priceless'' ads was run during the World Series in 1997 and there are numerous different TV, radio and print ads.<ref>[http://www.priceless.com/film/film.html Priceless Film Festival]. Priceless.com. Retrieved on July 13, 2011.</ref> It was idealized by [[Stewart Emery]].<ref>As a consultant, he asked questions that led MasterCard to its legendary “Priceless” campaign.[http://www.whartonsp.com/authors/bio.aspx?a=9181CE3C-F2DD-4E27-80D1-F443F6716040 Whartonsp.com]</ref> MasterCard registered ''Priceless'' as a trademark.<ref>[http://tess2.uspto.gov/bin/gate.exe?f=doc&state=staabl.4.83 Priceless], [[Trademark Electronic Search System]], Retrieved July 5, 2006</ref> Actor [[Billy Crudup]] has been the voice in the US market; in the UK, actor [[Jack Davenport]] is the voice. The original idea and concept of the campaign stems from copywriter Joyce King Thomas and art director Jeroen Bours from the Advertising Agency of McCann Erickson (so called in 1997, today named: McCann Worldwide).<ref>Source: http://www.allbusiness.com/marketing-advertising/4183437-1.html#ixzz1cC0qvBBD</ref>

The purpose of the campaign is to position MasterCard as a friendly credit card company with a sense of humor, as well as respond to the public's worry that everything is being commodified and that people are becoming too materialistic.<ref>[http://www.newdream.org/live/column/10.php Priceless], Jim Farrell, [[New American Dream]], Retrieved July 5, 2006</ref>

Many parodies have been made using this same pattern, especially on Comedy Central, though MasterCard has threatened legal action,<ref>''Threats of legal action:'' {{cite web|
url=http://www.chillingeffects.org/trademark/notice.cgi?NoticeID=17 |title=Re: MasterCard/Infringement by Netfunny.com web site | accessdate =July 30, 2006|author=MasterCard International |coauthors= |date=April 9, 2001 |publisher=|archivedate=
}}</ref> contending that MasterCard views such parodies as a violation of its rights under the federal and state trademark and unfair competition laws, under the federal and state anti-[[Trademark dilution|dilution]] laws, and under the Copyright Act. Despite these claims, however, noted US consumer advocate and presidential candidate [[Ralph Nader]] emerged victorious (after a four-year battle) in the suit MasterCard brought against him after he produced his own "Priceless" political commercials.<ref>{{cite web|url=http://lawgeek.typepad.com/lawgeek/LegalDocs/nader_decision.pdf |title=Decision of the US District Court in the case of MasterCard International Incorporated v. Ralph Nader | accessdate =July 30, 2006|author=George B. Daniels, District Judge |coauthors= |date=March 9, 2004 |format=PDF |publisher=US District Court, Southern District of New York |archivedate= }}</ref>

== MasterCard MarketPlace ==
Through a new partnership with an Internet company that specializes in personalized shopping, MasterCard introduced a Web shopping mall on April 16, 2010 that it says can pinpoint with considerable accuracy what its cardholders are likely to purchase.<ref>{{cite news| url=http://www.nytimes.com/2010/04/09/business/09credit.html | work=The New York Times | title=MasterCard Set to Open an Online Shopping Mall | first=Andrew | last=Martin | date=April 8, 2010}}</ref>

The MasterCard MarketPlace site relies on technology developed by [[Next Jump]], a company that monitors customer behavior from thousands of retailers and uses the data it gathers to help merchants tailor their product offerings.

== Sports sponsorships ==

Mastercard engages in the sponorship of major sporting events throughout the world. These include the New Zealand [[All Blacks]] the country's rugby team,<ref>[http://www.mastercard.com/nz/promotions/allblacks2006/ Promotion All Blacks]. Mastercard. Retrieved on July 13, 2011.</ref> the [[UEFA Champions League]], the [[PGA Tour|PGA Tour's]] [[Arnold Palmer Invitational|Arnold Palmer Invitational Presented by Mastercard]],<ref>[http://www.arnoldpalmerinvitational.com Official website for the Arnold Palmer Invitational Presented by Mastercard]. Arnoldpalmerinvitational.com. Retrieved on July 13, 2011.</ref> the [[Canadian Hockey League|Canadian Hockey League's]] [[Memorial Cup]] and recently announced a new sponsorship deal with Australian Cricket team and is also the founding sponsor of [[Indian Premier League|IPL]] cricket team [[Mumbai Indians]].<ref>{{cite web | url = http://www.indiantelevision.com/mam/headlines/y2k8/apr/aprmam61.php | title = Mastercard is founding sponsor of Mumbai Indians | publisher=IndianTelevision.com | accessdate =April 27, 2008}}</ref>

Previously it also sponsored [[FIFA World Cup]] but withdrew its contract after a court settlement and its rival Visa took up the contract in 2007.<ref>[http://news.bbc.co.uk/2/hi/business/6247928.stm Visa signs $170m deal with Fifa Visa signs $170m deal with Fifa]. BBC News (June 28, 2007). Retrieved on July 13, 2011.</ref> and in {{F1|1997}}, MasterCard was the main sponsor of the aborted [[MasterCard Lola]] [[Formula One]] team.

On October 12, 2007 MasterCard offered $160,000 to the municipal government of [[Toronto]] so that the city could keep its [[ice rink]]s open, as the city was facing a budget shortfall.<ref>[http://www.mastercard.com/ca/company/en/press/2007/10_12_toronto_skating.html MasterCard Canada Wants to Keep Torontonians Skating – Offers City $160,000 to Open Rinks in December]. Mastercard. Retrieved on July 13, 2011.</ref>

==Corporate affairs==
=== Headquarters ===
{{main|MasterCard International Global Headquarters}}
MasterCard has its headquarters in the [[MasterCard International Global Headquarters]] in [[Purchase, New York|Purchase]], New York.<ref>"[http://www.mastercard.com/us/company/en/newsroom/contact_mc.html Contact Us]." MasterCard. Retrieved on February 2, 2011. "MasterCard Advisors 2000 Purchase Street Purchase, NY 10577."</ref>

=== Management and Board of Directors ===
Key executives include:<ref>[http://investorrelations.mastercardintl.com/phoenix.zhtml?c=148835&p=irol-govmanage MasterCard Investor Relations], accessed March 6, 2009</ref>

{{Col-begin|width=95%}}
{{Col-1-of-2}}
* [[Ajay Banga]]: President and Chief Executive Officer
* Robert Reeg: President – Global Technology & Operations
* Alfredo Gangotena: [[Chief Marketing Officer]] – Global Marketing
* Gary Flood: President – Products & Services
* Noah Hanft: [[General Counsel]], Chief Franchise Officer and Corporate President – International Markets
{{Col-2-of-2}}
* Chris McWilton: President – US Markets
* Michael Michl: Chief Administration Officer
* Wendy Murdock: Chief Franchise Officer
* Javier Perez: President – Region Head MasterCard Europe
* Vicky Bindra: President – Region Head Asia/Pacific, Middle East & Africa
* Christopher Thom: [[Chief Risk Officer]] – [[Risk Management]]
* Stephanie Voquer: [[Chief Human Resources Officer]]
{{Col-end}}

As of December 2004, the following banks are represented on MasterCard's board of directors:{{Citation needed|date=August 2009}}

{{Col-begin|width=95%}}
{{Col-1-of-2}}
*[[Europay International|Europay España, S.A.]]
*[[HSBC]]
*Clarima Banca
*[[Capital One]]
*[[Banamex]] ([[Citigroup]]'s Mexican division)
*[[Citigroup]]
*[[Royal Bank of Scotland]]
*[[MBNA|MBNA America]] (now [[Bank of America]])
*[[Westpac Banking Corporation]]
{{Col-2-of-2}}
*[[Southern Bank Berhad]]
*[[Bank of Montreal]]
*Banque Fédérative du Crédit Mutuel
*[[Deutscher Sparkassen- und Giroverband]]
*Orient Corporation
*[[Bank AL Habib]]
*[[Mercantil Financial Sevices|Banco Mercantil]]
*Banesco
{{Col-end}}

== MasterMoney ==
'''MasterMoney''' is the branding of a MasterCard [[debit card]] distributed in North America. Like many debit cards, the brand has capabilities of being used as an [[ATM card]] as well as a credit card, providing sufficient funds are in one's [[bank account]] (usually a [[Checkable deposit|checking account]]) in order to complete a transaction.

== PayPass ==
[[File:Paypass chip front.png|thumb|PayPass [[RFID]] chip from a MasterCard.]]
[[File:Commonwealth Bank Australia Paypass.png|thumb|Mastercard issued by [[Commonwealth bank|Commonwealth Bank of Australia]]. Semi transparency shows PayPass antenna, connecting to RFID chip.]]

MasterCard PayPass is an [[EMV]] compatible, "contactless" payment feature based on the [[ISO/IEC 14443]] standard that provides cardholders with a simpler way to pay by tapping a payment card or other payment device, such as a phone or key fob, on a point-of-sale terminal reader rather than swiping or inserting a card.

In 2003, MasterCard concluded a nine-month PayPass market trial in [[Orlando, Florida]], with [[JPMorgan Chase]], [[Citibank]], and [[MBNA]]. More than 16,000 cardholders and more than 60 retailer locations participated in the market trial. In addition, MasterCard worked with [[Nokia]], [[AT&T Wireless]], and [[JPMorgan Chase]] to incorporate MasterCard PayPass into mobile phones using [[Near Field Communication]] technology, in [[Dallas, Texas]]. PayPass is expected to be integrated into mobile phones soon.<ref>{{cite news |first=Nick |last=Bilton |publisher= [[The New York Times]] |url=http://bits.blogs.nytimes.com/2011/05/27/waiting-for-the-new-mobile-payments-frontier/?ref=technology |title=Waiting for the New Mobile Payments Frontier |date= May 27, 2011 |accessdate= May 31, 2011}}</ref>

In 2005, MasterCard began to roll out PayPass in certain markets. As of September 2011, the following financial institutions have issued cards that feature MasterCard PayPass:

# [[Viseca Card Service SA]] (Switzerland)
# [[Westpac]] (Australia)
# [[Bank of America]]
# [[Banca Intesa Beograd]] (Serbia)
# [[Fifth Third Bank]] (United States)
# [[JPMorgan Chase]] (available through its "[[blink technology|blink]]" contactless feature in the United States)
# [[Citibank]] (both MasterCard credit and debit cards)
# [[HSBC Bank USA]] (debit card only)
# [[Washington Mutual]] (United States, available on the Debit MasterCard, Gold Debit MasterCard & Platinum Debit MasterCards)
# [[Key Bank]] (United States, debit card only)
# [[Citizens Financial Group|Citizens Bank and Charter One Bank]] (both MasterCard credit and debit cards, switching to [[Visa Inc.|Visa]] in fall 2009)
# [[Commonwealth Bank]] (Australia, notable for featuring it on every MasterCard issued)
# [[Garanti Bank]] (Turkey, available through its Bonus Trink Card)
# [[Banco de Oro]] (Philippines, available through its BDO International ATM Card)
# [[Bank of Montreal]] (Canada, available on most cards issued after November 1, 2007)<ref>{{cite web
|url=http://www2.bmo.com/bmo/files/news%20release/4/1/Nov107_paypassEN.html
|title=BMO Adds ‘Tap & Go’ Convenience to Mosaik MasterCard
|accessdate=December 8, 2007
}}</ref>
# [[President's Choice Financial]] (Canada)
# [[CIMB|CIMB Bank]] (Malaysia)
# [[Bank Zachodni WBK SA]] (Poland)
# Deutsche Kreditbank AG (Germany, issuer of [[Lufthansa]] [[Miles & More]] credit cards)
# [[Natwest]] (United Kingdom), on [[Maestro (debit card)|Maestro]] cards; limited use in the [[London Docklands]] and [[City of London]]
# [[HSBC Bank (Europe)|HSBC (United Kingdom)]], on credit cards; limited use in selected areas of London - Now Discontinued (only 300 of 32,000 cards issued were ever used in a contactless transaction)
# [[Canadian Tire Financial Services#Options Mastercard|Canadian Tire Bank]] (Canada)<ref>{{cite web
|url=http://www.ctfs.com/english/optionsmastercard/paypass/PayPass.html
|title=Canadian Tire Financial Services – Options MasterCard – PayPass
|accessdate=May 7, 2008
|archiveurl = http://web.archive.org/web/20080414225355/http://www.ctfs.com/english/optionsmastercard/paypass/PayPass.html |archivedate = April 14, 2008}}</ref>
# [[Capital One]] (Canada)<ref>{{cite web
|url=http://paypass.capitalone.ca/
|title=Tap & Go with Capital One Canada
|accessdate=May 7, 2008
}}</ref>
# [[Barclaycard]] (United Kingdom)
# [[Shinhan Bank]] (South Korea)
# [[Alior Bank]] (Poland)
# [[Poste italiane]] (Italy)<ref>{{cite web
|url=http://www.poste.it/bancoposta/cartedipagamento/postepay_postemobile/index.shtml
|title=Postepay PosteMobile
|accessdate=December 14, 2009
|language=Italian
}}</ref>
# [[Banka Koper]] (Slovenia)
# [[OTP Bank]] (Hungary, launched in September 2009)
# [[Takarék Bank]] (Hungary)
# [[Lloyds TSB]] (United Kingdom)
#[[Banca Popolare dell'Emilia Romagna]] (Italy, launched in January 2010)
# [[Alfa-Bank]] (Russia)
# [[mBank]] (Poland)
# [[MultiBank]] (Poland)
# [[Citi Handlowy]] (Poland)
# [[Inteligo]] (Poland)
# [[BNP Paribas]] (Poland)
# [[ING Bank Śląski]] (Poland)
# [[Raiffeisen Bank International (RBI) for Austria]] (Austria)
# [[Raiffeisen Bank]] (Poland, Russia)
# [[Getin Noble Bank]] (Poland)
# [[Polbank EFG]] (Poland)
# [[Millennium Bank (Poland)|Millennium]] (Poland)
# [[Deutsche Bank PBC]] (Poland)
# [[Invest Bank]] (Poland)
# [[Dexia]] banka Slovensko, a.s. (Slovakia, since January 2011)
# [[Kiwibank]] (New Zealand, launched September 2011)
# National Bank of Canada (Canada, launched in spring 2009)

A U.S. issued [[HSBC Bank USA|HSBC]] Debit MasterCard with PayPass can be used in the U.K.

==Banknet==
MasterCard operates Banknet, a global [[telecommunications network]] linking all MasterCard card issuers, acquirers and data processing centers into a single financial network. The operations hub is located in [[St. Louis, Missouri]]. Banknet uses the [[ISO 8583]] protocol.

MasterCard's network is significantly different from [[Visa Inc.|Visa]]'s. [[Visa Inc.|Visa]]'s is a star based system where all endpoints terminate at one of several main data centers, where all transactions are processed centrally. MasterCard's network is an edge based, peer-to-peer network where transactions travel a meshed network directly to other endpoints, without the need to travel to a single point. This allows MasterCard's network to be much more resilient, in that a single failure cannot isolate a large number of endpoints.{{Citation needed|date=May 2008}}

===EPS-Net===

MasterCard Europe operated a Network known as EPS-Net – this interfaced Banknet but it was decommissioned in January 2010. EPS-Net is used to link Issuers and Acquirers for Online POS/ATM Transaction Processing.

===Alleged Security Breach===
On December 9, 2010 the servers of Mastercard underwent a massive attack<ref>[http://www.theregister.co.uk/2010/12/08/mastercard_downed_by_hackers/ theregister.co.uk]</ref> as part of a [[Operation Avenge Assange]] for closing down payments of whistleblowing platform [[Wikileaks]]. According to several news sites, security of thousands of credit cards was compromised during that attack due to a phishing-site set up by the attackers;<ref>[http://www.huffingtonpost.com/2010/12/08/mastercard-deemed-unsafe-_n_794164.html MasterCard Deemed Unsafe? 'Anonymous' WikiLeaks Supporters Claim Privacy Breach]. ''Huffington Post''. (December 18, 2010). Retrieved on July 13, 2011.</ref> however, Mastercard denied this, stating that "cardholder account data has not been placed at risk".

==Publications==
* [[Worldwide Centres of Commerce Index]]
* [[Emerging Markets Index]]

==See also==
{{Portalbox|Hudson Valley|Companies}}
* [[Access credit card]]
* [[American Express]]
* [[China UnionPay]]
* [[Cirrus (interbank network)|Cirrus]]
* [[Damage waiver]]
* [[Diners Club]]
* [[Discover Card|Discover]]
* [[Entrust Bankcard]]
* [[Japan Credit Bureau|JCB]]
* [[Mondex]]
* [[Octopus card]]
* [[Payoneer]]
* [[Redecard]]
* [[Visa (company)|Visa]]

==References==
{{Reflist|2}}

==External links==
{{Commons category}}
* {{Official website|http://www.mastercard.com/}}
* [http://www.mastercardintl.com Corporate website]
* [http://www.mastercardmerchant.com Merchant website]
* [http://www.mastercardbusiness.com Business website]
* [http://www.mastercard.com/us/merchant/how_works/index.html How MasterCard Works] (interactive site)
* [http://mastercard.co.uk/travel/ Mastercard Priceless Travel site]

{{Credit cards}}

[[Category:1966 establishments in the United States]]
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[[Category:Publicly traded companies]]

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[[id:MasterCard]]
[[it:MasterCard]]
[[lt:MasterCard]]
[[nl:MasterCard]]
[[ja:マスターカード]]
[[no:MasterCard]]
[[pl:MasterCard]]
[[pt:MasterCard]]
[[ru:MasterCard]]
[[sr:Мастеркард]]
[[fi:MasterCard]]
[[sv:Mastercard]]
[[ta:மாஸ்டர்கார்டு]]
[[tr:MasterCard]]
[[uk:MasterCard]]
[[vi:MasterCard]]
[[vi:MasterCard]]
[[zh:万事达卡]]
[[zh:万事达卡]]

charlie adler is fat!

Revision as of 14:44, 2 November 2011


charlie adler is fat!

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