Across all its areas of operation, it stays true to its promise to deliver unmatched safety, security and convenience. In addition to still having lots of people using its cards, the operator has ventured further into the digital payments space which is a key source of revenue in the modern world. Today, MasterCard has grown into a global behemoth with a lot of power and influence in the financial sector. Eventually, it would become a household name in the global financial landscape. In the years that followed, the company would expand its operations beyond the United States.Īlong the way, MasterCard inked some lucrative partnerships including alliances with Access Card and the Euro Card. Master Charge marked the dawn of the iconic orange and red MasterCard logo. The banks launched Master Charge as a direct competitor to BankAmericard which had already gained quite a bit of market share in the country. Its launch came with the formation of the Interbank Card Association (ICA) by banking institutions that were trying to offer a solution to a surge in demand for card payment services. MasterCard was launched way back in 1966 and is considered to be among the pioneers of the card-based payments we have today. 4.5 11 Read Our Review What is Mastercard?
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