Master card operates in more than 25 million locations globally and is headquartered at New York, USA.
It started in late 1940 and continued to grow as a cash replacement and an industry leader today.
Some of the Master cards available are
• Standard Master card
• Gold Master card
• Platinum Master card
• World Master Card
It has varied features like acceptance, purchasing power, credit limit, extended warranty, insurances and other benefits.
Master card can be used in the respective bank’s ATM or any ATM which allows Master card transactions.
For any assistance on these credit cards, users can directly approach their bank.
Master card uses peer-to-peer network, which makes use of decentralized system, transactions can directly reach end points to terminate instead of traversing to the central location.
Cards with MasterCard name or symbol essentially means that the payment method on credit card is managed on rightful accounts in any corner of the world. The charges and other features like interests etc are however decided by the issuer bank.