Company Profile for MasterCard

IndustryFinancial services
Key PeopleAjay Banga (president & CEO)
Richard Haythornthwaite (chairman)
ProductsCredit cards, payment systems
Source: http://en.wikipedia.org/wiki/Mastercard

ADDITIONAL INFORMATION:
Mastercard
2000 Purchase Street
Purchase, NY 10577
1-914-249-6524
Toll-free: 1-800-627-8372
consumer_inquiries@mastercard.com

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(WI-LO)

Visa, MasterCard Don't Want You Knowing Which Companies Are Failing At Protecting Your Information
By Chris Morran on April 3, 2012 2:49 PM  
If your bank tells you that your credit card information was stolen from an online merchant you bought something from, it only makes sense that the bank also tell you which e-tailer failed at protecting your information. But the banks say they can't share this info because the folks at Visa and MasterCard prefer to keep that information private lest you stop doing business with the sources of the leaked information. More »

Payment Processor: Up To 1.5 Million Credit Card Numbers Stolen
By Chris Morran on April 2, 2012 6:50 AM  
The news from the hacked third-party payment processor for MasterCard and Visa got worse over the weekend, as early reported estimates of around 50,000 card numbers put at risk turned out to be wrong by 1.45 million. More »

MasterCard, Visa Payment Processor Says Violation Occurred In Early March; 50,000 Cards At Risk
By Chris Morran on March 30, 2012 4:40 PM  
Earlier today, we wrote about how MasterCard and Visa had begun notifying banks about a possible data breach at a third-party company that processes credit card payments. Now more information has come out regarding when the breach occurred and how many people may be affected. More »

MasterCard, Visa Warn Banks Of Possible Data Breach
By Chris Morran on March 30, 2012 10:27 AM  
MasterCard has notified law enforcement and banks that issue its cards of a possible data breach at a third-party payment processing company. More »

Prepaid Debit Card Fees Are Wildly Inconsistent, Not Always Disclosed Up Front
By Chris Morran on March 29, 2012 2:32 PM  
The Federal Reserve says that prepaid debit cards are the fastest-growing non-cash way to pay. All that competition to get customers has led to an overall decrease in the fees associated with these cards, but a new study finds the price points for these fees are all over the place, and that companies are not always up front about disclosing them. More »

Why You Probably Shouldn't Use A Credit Card To Pay Your Taxes
By Chris Morran on February 21, 2012 12:30 PM  
As the deadline for filing your federal tax return draws near, so does the anxiety of how you're going to pay Uncle Sam the money you owe. If you can't write a check for the full amount, the simplest and fastest way could be to put it on your credit card. But that's probably not a good idea. More »

How The Different Credit Card Issuers & Networks Handle Chargebacks
By Chris Morran on February 21, 2012 11:24 AM  
Whenever someone has a dispute with a merchant over a credit card charge, we always suggest they attempt to issue a chargeback through their credit provider. But not all card issuers and credit card networks handle chargebacks in the exact same way. More »

Intel Wants To Make It Easy (And Safe) To Pay For Purchases By Swiping Your Card Against Your Ultrabook
By Chris Morran on January 12, 2012 4:56 PM  
The big story, in terms of a technology that is here and that consumers seem to actually want, is super-thin Ultrabook laptops that contain Intel-produced processors. And the folks at Intel tell me they don't just want to provide users with a faster, lighter-weight computing experience; they also want to make it safer and easier to shop online. More »

Here's A Credit Card That Looks To Trap ID Thieves By Making Them Think They're Clever
By Chris Morran on January 11, 2012 3:04 PM  
We've already seen credit cards that generate unique, random security codes every time a card user makes a purchase, so that it would require the buyer to have the physical card on them in order to buy something. But here's a card that wants the ID thief to think he's more clever than he is. More »

Credit Cards To Sell Your Buying History So Online Advertisers Can Target You More Precisely
By Ben Popken on October 25, 2011 1:00 PM  
How about a world where you swipe for a Big Mac and then the next time you go online you get an ad for Slimfast? That's the big idea behind Visa and Mastercard's new business foray: selling off all your swipe data to online advertisers so they can more precisely target their ads to what's going on in your skull. It's another nail in the coffin for the quaint fiction we call "online privacy." More »