Maestro

Maestro is a multi-national debit card service owned by MasterCard that was founded in 1990. Maestro cards are obtained from associate banks and can b

INTRODUCTION

Maestro is a multi-national debit card service owned by MasterCard that was founded in 1990. Maestro cards are obtained from associate banks and can be linked to the card holder's current account, or they can be prepaid cards. The cardholder presents the card at the point of sale (POS) and this is swiped through the terminal by the assistant or the customer or inserted into a chip and PIN device. The payment is authorised by the card issuer to ensure that the cardholder has sufficient funds in their account to make the purchase and the cardholder confirms the payment by either signing the sales receipt or entering their 4 to 6-digit PIN. Within the EU and certain other countries, Maestro is MasterCard's main debit brand and is the equivalent of signature debit card which does not require electronic authorisation, similar to the Visa Debit card.

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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.

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FIND THE RIGHT
PAYMENT SERVICE PROVIDER
FOR YOUR BUSINESS

Available in the following regions

North America

Europe

COMPANY DETAILS

COMPANY ADDRESS

2000 Purchase Street
10577 Purchase, NY

United States of America

PHONE & EMAIL

Main Phone Number
Main Fax Number
Email

WEBSITE AND BLOG

Website	http://www.maestrocard.com
Blog

SOCIAL LINKS

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