MasterCard, commonly known as MasterCard, is a common credit card organization in Chinese mainland, just like Visa card organization.
Mastercard international is the second largest international credit card organization in the world, and the number of cards issued is second only to Visa. It is a limited company with more than 25,000 members of financial institutions listed on the new york Stock Exchange. Its Chinese website is/? On the right is the double ball logo of MasterCard:
1966 August 16, four banks in California (Bank of Canada, Bank of California, Wells Fargo, Crocker Bank and Bank of California) established the Inter-bank Card Association (ICA) in order to compete with Bank American (the predecessor of Visa card) issued by Bank of America. 1968, Banco Nacional, EuroCard and Bank of Japan joined, making the Inter-bank Card Association an international organization. 1970, ICA officially used "MasterCharge" as its name, and unified the name and design of credit cards issued by member banks, changing its name to "MasterCard?" At 1980. .
MasterCard International owns MasterCard, Maestro, Mondex, Cirrus and other brands.
Mastercard international, like Visa, does not issue credit cards directly. MasterCard brand credit cards are issued by members of financial institutions participating in mastercard international. At present, it has about 20,000 members, more than 2 1 10,000 merchants and ATMs.
Some tips about MasterCard:
1987, Bank of China issued the MasterCard of People's Republic of China (PRC) (PRC), which was the first bank card of People's Republic of China (PRC) (PRC).
In 2002, mastercard international merged with Europay (a European bank card organization) and changed from a non-profit organization to a profit-making company.
On June 23rd, 2006, the European Commission filed a lawsuit against mastercard international, because mastercard international stipulated that retailers who accept MasterCard and Wanshun Financial Card must pay a certain fee, which restricted the competition among these retailers.