MasterCard was created in 1966 by several California banks as a competitor to the BankAmericard issued by Bank of America, which later became the Visa credit card.
Originally MasterCard was called “Master Charge: The Interbank Card.”
In 1969 the company teamed up with Eurocard, creating a strategic alliance that gave MasterCard access to the European market.
Today MasterCard Worldwide is a multinational financial services corporation whose principal business is to process payments between banks of merchants and the card-issuing banks or credit unions of the purchasers.
MasterCard provides its services in 210 countries and territories and its cards are accepted at 35 million locations worldwide.
Both Mastercard and Visa have paid approximately $3 billion in damages resulting from a class-action lawsuit filed in January 1996. The litigation cites several retail giants as plaintiffs, including WalMart, Sears, and Safeway.
In November 2019, Mastercard announced that they would begin allowing transgender people to use their preferred names on their cards starting in 2020.
MasterCard has been a publicly traded company since 2006, trading on the New York Stock exchange under the symbol MA. MasterCard is a member of the S&P 500, is #384 in the Fortune 500, is #113 in FT Global 500, has 13,400 employees and had $12.497 billion in revenue in 2017.
MasterCard
MasterCard was created in 1966 by several California banks as a competitor to the BankAmericard issued by Bank of America, which later became the Visa credit card.
History
Originally MasterCard was called “Master Charge: The Interbank Card.”
In 1969 the company teamed up with Eurocard, creating a strategic alliance that gave MasterCard access to the European market.
Today MasterCard Worldwide is a multinational financial services corporation whose principal business is to process payments between banks of merchants and the card-issuing banks or credit unions of the purchasers.
MasterCard provides its services in 210 countries and territories and its cards are accepted at 35 million locations worldwide.
Both Mastercard and Visa have paid approximately $3 billion in damages resulting from a class-action lawsuit filed in January 1996. The litigation cites several retail giants as plaintiffs, including WalMart, Sears, and Safeway.
In November 2019, Mastercard announced that they would begin allowing transgender people to use their preferred names on their cards starting in 2020.
MasterCard has been a publicly traded company since 2006, trading on the New York Stock exchange under the symbol MA. MasterCard is a member of the S&P 500, is #384 in the Fortune 500, is #113 in FT Global 500, has 13,400 employees and had $12.497 billion in revenue in 2017.
Robert says
I wanted to check my BMO Mastercard balance online .. when i tried to log on it said my card number was invalid. I tried again making sure every digit was correct . it then said either my card was incorrect or my password. I tried a third time and was locked out. I tried to call the number on the back of the card but it said wait times were 3 hrs before someone could speak to me so I travelled 20 mins to the branch where i was told there was nothing they could do , just to caLL the number on the back of the card . so back home I went and called and waited 3 hrs for customer service who told me there is nothing they can do I have to go to the branch to fix this . I told them i had gone to the branch and was told to call this number. I was so upset and angry I ended the call. This is very bad customer service if this is the type of customer service Mastercard offers from its banks. I need this card to bill remodelling charges for my home but I am seriously having second thoughts of giving mastercard or BMO any more money . I would like a resolve to his but I know this will never be read.
Nic says
My account has been locked for a month because of a payment issue on mastercards end. Now im told i cant use my card for a month and half? This is complete garbage. All the issues i see is just trash. Mastercard allows this type of acceptance is pathetic. I will be reporting them to better business bureau.
clarissa says
I hope there is a person that cares about Mastercard Corporatation. i have spoke to two manager this morning, both was rude. I am complainting about my service with Mastercard. My card was shut down three times today. I spoke to a TJ at 9:45. I was called on number 336-442-5937 about fraud. I called the number back after being trying to use my card. standing at a Walgreens with a bill 112.00. finaly spoke to TJ after 20 minutes on hold. She said she turned my card back on. She was also rude. 10 minutes later we are at Walmart. again embarrassed two more times card not working. I called back spoke to Tara a manager. I want answers about why i had to be embarrassed two times more. After speaking to two managers at Mastercard. Mastercard must be going under. Waiting so long to speak to someone about my card. call me a 336-442-XXXX if there is anyone in this company that cares about it.
Calator Roman says
Hi there! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly?
My blog looks weird when browsing from my iphone.
I’m trying to find a theme or plugin that might be able to resolve this problem.
If you have any suggestions, please share. Cheers!-
calator.tel
Ira Sterling says
No complaint—just making sure that you are advised of cancellation of a debt on my November 10th statement> Blue Mountain is supposed to send you notice of the cancellation of their charge of 10/28 in the amount of $29,99. Customer service said o go ahead and pay it, and the charge would be deducted from my next statement.
Julie McCreedy says
I am disgusted by the Visa/ Master Card sales call I got this morning. The call came from the University of Iowa Hospitals. (319) 356-2149. Does your company have any ethics? You have no idea what is going on in people’s lives, are you thinking that medical emergencies may prompt people to answer your sales calls? Additionally the call center was extremely rude.
Gilbert Santiago says
Comenity Capital Bank transferred all HSN Credit Card and HSN Mastercard Customers over to Synchrony Community Bank. In Error, my account was not transferred. I am now without a HSN Mastercard. Both Comenity and Synchrony Banks said there is nothing they can do to help me. PLEASE HELP ME !!!.
If further information is needed please e-mail me at GilbertSantiago376@ Hotmail.Com or call me at 1-787-868-XXXX.
Respectfully
Gilbert Santiago
Cheryl Beckmann says
I don’t have a comment or a complaint. Just looking for an e-mail address to send my question to. I have read A LOT of information in regards to master card and I don’t see me question or a answer for it. Thank for any help you can give me.
Cheryl Beckmann says
I DON’T UNDERSTAND WHAT YOU ARE ASKING ME TO DO?
marty b says
EPPICARD IN NEW JERSEY ARE A BUNCH OF CREEPY PEOPLE> THE STOLE MY MONEY..LOOK AT HERE WEBSITE GO TO NJ EPPICARD. GO TO LOG IN…THE GO TO FEE REMINDER.. IT SAYS FOR EACH DEPOSIT YOU ARE ALLOWED 1 FREE WITHDRAWAL…( 1 for 1 ) INSTEAD THEY GIVE YOU 1 WITHDRAWAL AND THEY CHARGE YOU A FEE..EPPICARD IS RIPPING US ALL OFF EVERYDAY…THE CUSTOMER SERVICE I EVER EXPIERENCE IN MY LIFE…THEY DONT EVEN HAVE A CUSTOMER COMPLAINT PHONE NUMBER OR ADDRESS THE BBB RATES THEM A F.
anyone can help !!
Mary J Ziegler says
Will mail this complaint with details. On Wednesday, March 27, 2019 I made an online payment of $223.53. On Friday March 29, 2019, I discovered either I had made a mistake by pressing an incorrect button or your website (which I find difficult to maneuver) and the entire balance of my account ($9,575.26 was submitted to my bank for payment. That submission was returned to Mercury for insufficient funds.I contacted Mercury Customer Service immediately and was assured by a female who identified herself as “Ivy” that this would be “taken care of” and the amount of the intended payment ($223.53) would be deducted from the balance due.(Work Item Confirm. #9674100.) This was never done. On April 4, 2019, I contacted Mercury Cust. Srv. again. A Rep. identifying herself as “Angelina” forwarded my situation to another Mercury Cust. Serv. Rep “Makala,”. who stated that “We have submitted the insufficient funds amt.” to my bank again for payment. I inquired why that had happened Makana stated that “We always send it twice.” Mercury has already charged me some kind of a fee for $27.00. I requested that fine be reversed. Makala stated that it had been reversed April 2, 2019. I am more than a little confused.On April 6, 2019, I contacted Mercury once again to attempt to get this straightened out. The male Mercury rep. put me on hold and stated that he was speaking to his supervisor who told him to instruct me to NOT ATTEMPT TO MAKE another payment, that the supervisor had said “This will be corrected,” and that I would be receiving a letter. Makala had also instructed me not to try and make another (correct) payment. My bank was very helpful and although the rep.could not determine my Mercury was doing this, she apologized for the trouble and reversed the two processing fess for the two Mercury submissions for payment. I waited for the letter. On April 24, 2019, once again I contacted Mercury Cust. Srv. and spoke with a rep. who identified himself as “David.” He listened closely and simply said, “You owe” another fine for “late fees.” I request you listen to these tele conversations that I believe were recorded, check my account – and PLEASE help me clear this up. I was given incorrect information by two of your reps.and “David” simply repeated himself several times. He also stated to me that I had been the person who submitted the second request for payment to the bank. This is 100% false. When I spoke with Makala on April 4, 2019, she confirmed that it had ALREADY been submitted to my bank a second time and that it was a standard practice of Mercury to do so. I request this be looked into. Plz contact me at my email above or my cell phone: (408) 505-XXXX. Thank you. Mary Ziegler
Sheila Burnett says
called the supposed corporate number to no avail, just kept running in to road blocks. the issue is that many merchants systems are blocking credit debit cards from running as credit therefore blocking our cash back cards that require that they not be run with a pin and even when we do run them as credit with or without signature they are still being processed as a debit-pin purchase instead of a credit or signature purchase. the card issuer in this case is Paypal and they are blaming the merchant systems. this has become an issue since I received a new card with a chip in August with one merchant, Krogers, since mid September with many more. Who do I contact to get results and have this issue corrected? Thanks this is costing your customers cashback on all fronts.
carlton says
REF: Activity 907818p17 Disputed charges : I was triple charged for a motel stay, I disputed the two duplicated charges but the charges are added back to my accou8nt. I have made several attempts to get the motel manager to provide evidence that the two extra charges are valid or to remove these duplicated charges. Apparently the motel will not provide this evidence to Mastercard either. ( I have not been provided with any evidence that Mastercard has even contacted the motel). I have called card services several times but never get the same person and they were no help.
I have canceled my card which I have had for about 20 years.
Thanks for your attention
Carlton Ard
Maurice Gilbert says
I would like you to look in on the handling of my account. I had changed acct number in april 13 th 2018 to make sure that i would not be charged by a number of meeting sites bandits but Cana dian Tire honored all of those debits to date without advising me . i would care if this was only a small amount but the debits ran up to nearly $800.00 this tells me they helping those crooks running their business. If this cannot be resolved quickly I intend to tell my story to the cybercrime police and put my story in av every newspaper in Canada!
bernadette kokosinski says
DISTRESSED; Disturbed and disillusioned these are just a few words I have to use for MASTER CARD/ my card has been compromised three times. Now, I must turn in another card . The level of trust I am experiencing with this company is nil , It was issued by the Provident Savings bank in Hoboken NJ Are they aware of this sort of activity? I hope so. Something must be done to insure the security of card holders.
BERNADETTE KOKOSINSKI
RICHARD SCOTT says
`My wife just recently passed. After numerous attempts to reach your estates division and over 1 and a half of holding I finally got to talk to some one. They told that the card was cancelled and that the balance was $171 also there was $118 in points .I asked them to apply the point to the bill and I would pay it off. Was told only the primary account holder could redeem the points. She is dead and can not redeem . They told me once the account is paid out I could request they send her a check. Again I told them she is dead how can she cash check. Told well this is the policy (This does not make any scene you cannot redeem points and they will send a check to a dead person). Talked to 2 managers and was told same thing they could not help me. I asked for a number to talk to some one at the corporate level who could help me with this and they REFUSED! I would really like to get some help or a much better understanding of this policy. Would some one please call me. This only the short version of what happened.
PHONE 813-215- XXXXX EMAIL AT DARLENEDSCOTT at AOL.COM
Thank you and hope to hear from you soon.
RICHARD SCOTT
Frances Morgan says
I purchased a 100.00 MasterCard gift card for a grandchild’s Christmas present. I was totally embarrassed when they went to by something and there was nothing on the card. I purchased it at a Grocery store still in its package. I have been trying to find a MasterCard voice ever since to help me. 95.00 had been spent to Infinity Ins.and 5.00 to Warner cable.
I sent an email and called card activation program replacement and they wanted me to give them my credit card number and they would send me another 100.00 gift card. I am a senior citizen and can’t take a chance on losing another 100.00. The card no is5428 37208093 3043. I have my personal bass pro master card with no problems. Who can I get to send me one for a replacement. Card activation and replacement hung up on me 3 times because I won’t give them my personal credit card no. I have called every number I could find with MasterCard and there are no humans.
Gene summ says
I’ve been a good customer for almost thirty years. You voice recognition system is infuriating and I’ve been reporting it for several years and with many promises to make changes, it never gets any better. I cannot remain as a customer unless you make it easier to use.
Jennifer Lane says
Please email me a number where I can speak to a senior supervisor with discretionary power to make decisions. I have been getting the runaround for 2 days by calling 800 950-5114. It shifts to another number and I am speaking to employees in the Philippines and India who are unable to pass my call to a supervisor other than themselves who can only cite “the system won’t let me….” do x, y, z. I have been a Mastercard holder for over 30 years and this is a big recent change from the past. We will drop our cards if we cannot speak to senior management soon.
Tammy Robinson says
Jennifer- the number to the corporate office is in our listing. Scroll up above the comments.