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Posted by admin, and filed under MasterCard
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MasterCard introduces the hologram security device, first in credit card industry. MasterCard delivered its new clearing system, a major component of its System Enhancement Strategy. MasterCard’s goal in rewriting its processing platform was to provide its customers with the opportunity to realize significant operational efficiencies, develop new products and services, create new revenue streams, and enhance profitability. The platform employs advanced technology to enhance MasterCard’s transaction processing operations – authorization, clearing, settlement, and file transfer. MasterCard is the only online PIN-based global debit brand; Maestro offers cardholders secure convenient access to their funds both domestically and internationally. As the leading brand in U.S credit cards, there are various card offers introduced in U.S market. Let’s see the specific MasterCard offers and Descriptions.
Bank of America® WorldPoints® Platinum Plus® MasterCard®: This Card offers 0% Intro Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles. The card user can earn 1 Point for every dollar you spend in net retail purchases. Points are redeemeable for cash, brand name merchandise, travel with no blackout dates dining certificates and more. There’s no annual fee, free 24/7 Concierge Service and Absolute Fraud Protection.
CitiBusiness® Card: This card provides 0% Intro APR and the Intro period is for 12 months. 0% APR on purchases and balance transfers for 12 month. There is no annual fee for the primary card. This card provides generous credit line to its users. Also Provides “Ask the Experts” service, employee cards, free account summaries, business discounts, and more savings on everyday business purchases. There is $0 liability for unauthorized purchases.
2% Back MasterCard: This card offers 0% Intro APR and the card members get 2% back on every purchase, everywhere – automatically! The card members can manage their account with 24/7 online access and bill pay and the card members can choose a payment due date that’s convenient for them. Provides 100% fraud liability protection and great built-in MasterCard benefits.
Citi® Diamond Preferred® Rewards Card: This card provides 0% Intro APR and the intro period is 12 months . There is no annual fee. Provides $50 Gift Card — Redeem 6,000 Bonus Points after first purchase and also provides 0% APR on balance transfers for twelve months. The card members will earn five bonus ThankYou Points for every dollar spent at Supermarkets, Drugstores and Gas Stations for 12 months and earn one bonus ThankYou Point for every dollar spent on all other purchases.
Advanta Platinum BusinessCard with Rewards: This card offers 0% Intro APR and intro period is 15 months. There is no annual fee. Provides 0% APR for 15 months on Balance Transfers, 7.99% fixed APR there after and 7.99% variable APR on purchases. The card members have their own choice of 5% Cash Back or Travel Rewards and there is no limit on earnings. Provides $0 Fraud Liability. And the card members can get personalized card — their company name on the top of the card.
Toys R Us Mastercard: This card offers 0% Introductory APR for up to 6 months on the Toys“R”Us & Babies“R”Us MasterCard. There is no annual fee. The card members will earn 4 points per $1 spent in eligible purchases at Toys“R”Us & Babies“R”Us with the NEW Toys“R”Us & Babies“R”Us MasterCard. And also earn 1 point per $1 spent on their eligible everyday purchases like gas and groceries made everywhere MasterCard credit cards are accepted. Provides a 10% Savings Reward Certificate,valid at any Toys“R”Us & Babies“R”Us location, when the card members earn 1,000 points. The card members can receive up to two certificates per month.
Union Plus® MasterCard: This card offers FREE rewards program designed for hard-working union members. The card members get 2,000 bonus points after first purchase, more than halfway to a $25 Gift Card. Also earns 1 point for every dollar spent anywhere and Earns 2 Points for every dollar spent at gas stations, grocery stores, and drug stores. There are no balance transfer Fees and APR stays FIXED until the balance is paid in full. There is 1.99% introductory APR on new purchases. There is no annual fee and no liability for unauthorized use.
Citi® Driver’s Edge® Platinum Select® Card: The card members will earn rebates for Every Mile Driven and the rebates can be applied toward car maintenance, or to buy or lease a New or Used Car. Provides 6% rebates on gas station, Supermarket, and Drugstore Purchases for 12 Full Months, 3% Rebates after, and 1% Rebates on all other purchases. Provides 0% APR on balance transfers for 12 full months. The Rebates can also be applied to the Thank You Network.
SNAP™ MasterCard: This card offers 0% Intro APR on purchases and balance transfers for 6 months for qualifying applicants and the rates shown for Platinum and other rates apply for Gold, Silver or Secured. Provides 100% fraud liability protection and 24/7 online account management. Provides complimentary built-in Tap-N-Go™ technology. The applicants can get the card in as little as 3 days for most cards (rush fees will apply).
Johnny Cash™ Prepaid MasterCard® Card: This card comes with a slogan called If You Love Cash… You’ll Love this Card! This card offers $2500.00 Max Value and all the applications are 100% approved! There is no employment required, no security deposit, no credit checks, no turndowns and there is no annual fee.
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14th May 2012
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Tags: Mastercard
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Posted by admin, and filed under MasterCard
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Of the 16 numbers you see in the MasterCard credit card, the first 6 digits is the”issuer identifier”, ie the credit card type code. If the sixth digit is preceded by 4, meaning the credit card type is Visa. However, if the six digits are preceded by 5, meaning the creditcard type is MasterCard. Next, a last digit of 16 digit numbers on the credit card serves as a”check digit”, whose function is only for the validation checks credit card numbers. Since the initial 6 digits and last digit 1 is already a significance, meaning remaining 9 digits in the middle that serves as an ”account number”.
Therefore there were 10 possible numbers(from the digits 0 to 9) which can be inserted into each digit from 9 digit ”account number” is, then the resulting combination of 9 digits amounted to 1 billion possible numbers foreach type of credit card (visa or MasterCard). The algorithm used to generate a row of 16 points for credit card numbers is called an algorithm ”Luhn” or ”Mod 10″. Back in 1954,Hans Luhn of IBM is the person who first proposed the application of algorithms to determine the validity of a credit card number. The workings of a simple algorithm (butexcellent) are as follows:
1. Starting at the first digit, multiply two-digit occupies all odd numbers, so as a whole will have 8 digits that you multiply by 2, the digit to 1, 3, 5, 7, 9, 11, 13, and 15.
2. If the square 2 result in a number of two digits (10, 12, 14, 16, or 18), the sum of each digit numbers to produce a new digit, so that the results of the first and second steps are fixed in the form 8 the number.
3. The next step, replace all the numbers (credit card number) located in the odd positiondigits with 8 new figures, to generate a new row of 16 points.
4. The final step, add up to-16 figure.If the sum is a multiple of 10, meaning the credit card number is valid, and conversely, if nota multiple of 10, meaning the credit card number is invalid.
If you have carefully calculated, it will be seen that the final count is 61, which is NOT amultiple of 10 numbers, so that we can be sure that the credit card number is invalid. If the “check digit” in the example is not 8, but 7, then the algorithm, the credit card number will bevalid, because the total sum will be changed to 60, a number is a multiple of 10.
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5th May 2012
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Tags: Mastercard
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Posted by admin, and filed under MasterCard
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About 50% of those needing money in an emergency used a credit card or an overdraft to help them cope with the unanticipated expense*. But what if you don’t have access to a credit card or overdraft? And even if traditional avenues to credit are available, applying and actually receiving the money can take quite a while – not very helpful if you have a boiler that’s leaking water through a ceiling or a phone line’s about to be cut off.
A MasterCard prepaid card could offer a great solution. After all, unlike with credit cards and loans, acceptance for a prepaid card is virtually guaranteed as long as the customer is aged 18 or over and lives in the U.K. And just as importantly, the Cashplus prepaid Gold MasterCard can now offer many customers a loan. This can be for up to 400, for as long as 25 days. And because the loan isn’t revolving, the customer shouldn’t feel that they may get trapped in a cycle of debt.
The iAdvance loan takes just a few minutes to apply online from the comfort and privacy of the customer’s home, and approval can be given in minutes. There’s no expensive set up fee, and Cashplus doesn’t penalise people that end up wanting to repay their loan earlier than they thought they would. In fact, because the loan fee is worked out on a daily charge basis, the quicker a customer repays the loan, the cheaper it works out.
In another move to provide as convenient a service as possible, the borrower doesn’t need to already have a bank account, as the loan will be placed straight into the cardholder’s Cashplus account. In fact, Cashplus will soon be offering loans to people that don’t even already have a Cashplus account. Aimed specifically at someone with a bill that urgently needs paying, the borrowed money can be sent by Cashplus straight to the company that issued the customer’s bill.
In short, anyone that feels that an unexpected yet unavoidable expense could hit them in the future should seriously think about the advantages of having this prepaid card in their back pocket. Then they can rest easy knowing that they could be in line for a loan to cover unexpected bills in minutes with the minimum of effort.
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17th Apr 2012
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Tags: Mastercard
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Posted by admin, and filed under MasterCard
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With the different features and interest rates that come with prepaid Mastercard, it is essential to compare them to make an appropriate choice. Different benefits are offered with prepaid cards for consumers’ various needs. Although going through myriad of debit cards can be time-consuming, opting for the right card is highly beneficial for your situation. The good news is that the internet brings you the ease of online prepaid card comparison tools to help you choose your card.
Why Prepaid Debit Card?
A debit card is an excellent option for children, students and people with poor credit ratings as it allows you limited money to spend. The amount you spend using a prepaid debit card is determined by you; the amount you deposit in the account related to your debit card is the amount you have at your disposal. By using a prepaid card, you can evade the possibility of incurring debt. It is also a good way to control your spending habits and to treat money with respect and prudence. Most who utilize prepaid cards find themselves in a safe position financially because they are in charge of how much they can spend.
Benefits Of Online Card Comparison
Comparing prepaid or secured debit card and Mastercard over the internet is the most convenient way of selecting the right card. You no longer have to visit different fiscal firms and banks to discuss the pros and cons of prepaid cards, while trying to determine whether they suit your needs. With the convenience of online comparison, you can narrow down on your decision without leaving the comfort of your home.
Another key benefit of online comparison of debit cards is the detailed description provided. It is highly possible that the expert at the bank misses out on essential details about the card that could be advantageous to you, or that he/she gives you incorrect information — human error is inevitable. Moreover, the bankers don’t have that kind of time to spend explaining each and every detail about each and every card on offer. Besides, no client has the time to sit and discuss prepaid debit cards for hours. This is where the internet prepaid card comparison services prove superior.
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5th Apr 2012
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Tags: Mastercard
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