A review on MasterCard

Master card is an America multi-national financial services company. Is a payment network that processes payment between card issuers and the merchant bank and it has been existing since 1979 with headquarter in New york city United State of America .It partner with institution throughout the world to offer master card branded network payment card and when it partner with any institution , the institution become the issuance with the right to determine its term and condition as well as the benefit of the card .There are five principal actor involve in operation of the card ,they are the cardholder , the merchant ,bank ,isssuer and master card . Master card may either be credit , debit or prepaid card.

ADVANTAGE OF MASTER CARD
(1)It can be use for online payment .
(2) It has wider operational coverage .
(3) Very easy and to obtain and use .
(4)It can be use in payment and settlement of debt
(5)It is safer than carrying cash all around.

DISADVANTAGE OF MASTER CARD .
(1)It attract high interest rate .
(2)It is very easy to run up a large debt
(3)The holder spend more than it make
(4)It prone to fraud

MasterCard is owned by MasterCard Incorporated, a company headquartered in New York, United States. With its innovative products, MasterCard Worldwide aims to change the way people live with electronic transactions with sophisticated technology. MasterCard provides protection in the form of a Secure Code, which is an additional pin that must be entered when transacting online.
When buying goods online, before the transaction is processed, customers will be asked to enter the CCV code and credit card validity date. Do you have a hobby of traveling abroad? Credit cards with MasterCards providers can facilitate this. However, when used for transactions in the destination country, these two card providers charge a 0.2 - 1% transaction fee if you shop online on overseas sites.

Master card is an America multi-national financial services company. Is a payment network that processes payment between card issuers and the merchant bank and it has been existing since 1979 with headquarter in New york city United State of America .It partner with institution throughout the world to offer master card branded network payment card and when it partner with any institution , the institution become the issuance with the right to determine its term and condition as well as the benefit of the card .There are five principal actor involve in operation of the card ,they are the cardholder , the merchant ,bank ,isssuer and master card . Master card may either be credit , debit or prepaid card.

ADVANTAGE OF MASTER CARD
(1)It can be use for online payment .
(2) It has wider operational coverage .
(3) Very easy and to obtain and use .
(4)It can be use in payment and settlement of debt
(5)It is safer than carrying cash all around.
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