What is MasterCard? And what is a Pre-Paid MasterCard?
MasterCard is one of the world leaders in companies that provide electronic card payment methods. MasterCard have been involved in the evolution of payments from the earliest days of credit cards more than four decades ago. Today they’re unified global structure puts them in a unique position to serve their customers right across the globe helping to make commerce easier, faster, more seamless and more secure for everyone.
Payment cards offer customers more security and convenience than any other payment method, and MasterCard are involved in helping to provide a wide range of cards including credit, debit and pre-paid cards. These cards give consumers the ability to have purchasing power in stores, on the internet, over the phone and by mail order.
A pre-paid card, is a card that you pre-load with your own money. Once you have put money onto the card, you can then use it to make payments wherever that card is accepted. In the case of a prepaid MasterCard, this means that you can use it in more than 25 million locations around the world.
There are a number of different types of pre-paid MasterCard cards available, some are designed for you to use primarily when you are shopping on the high street, online, by phone, or by mail order in the UK, while others are better designed for use when you are abroad, either in another specific country, or across Europe or the World.
These cards work in much the same way as any credit or debit card does. Each card has a card number, often your name, and some of them are CHIP and PIN secure too meaning that you use them in exactly the same way as a credit card or debit card.
Most are designed so that the person who will be using the card applies for it and loads it with money as they need/desire to, however some are designed like gift cards, where you buy a one off card and load it with a fixed amount of money, and then give that card as a gift to someone just as you would a store specific gift card. The biggest difference with these of course is that the money can be spent in so many more places.
MasterCard pre-payment cards are available from a variety of banks and other financial institutions. There are even some which are available online, or at kiosk style locations. Because they are all different, it is important to choose carefully which one is right for you, and that you are happy with any charges they may make.
Masterard Backed Prepaid Cards
My Travel Cash US Dollar Card
My Travel Cash Europe Card
My Travel Cash Prepaid Card
Thomson Prepaid Card
Cashplus Prepaid Gold Mastercard