Company Profile for MasterCard
| Industry | Financial services |
|---|---|
| Key People | Ajay Banga (President & CEO) Richard Haythornthwaite (Chairman) |
| Products | Credit cards, payment systems |
ADDITIONAL INFORMATION:
Mastercard
2000 Purchase Street
Purchase, NY 10577
1-914-249-6524
Toll-free: 1-800-627-8372
consumer_inquiries@mastercard.com
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Credit Cards To Sell Your Buying History So Online Advertisers Can Target You More Precisely
By Ben Popken on October 25, 2011 1:00 PM
51 Comments
How about a world where you swipe for a Big Mac and then the next time you go online you get an ad for Slimfast? That's the big idea behind Visa and Mastercard's new business foray: selling off all your swipe data to online advertisers so they can more precisely target their ads to what's going on in your skull. It's another nail in the coffin for the quaint fiction we call "online privacy." More »
(ataq411)
Bank Of America, Chase, Wells Fargo, Visa, MasterCard Sued Over ATM Fees
By Chris Morran on October 19, 2011 3:15 PM
31 Comments
Have you ever glared angrily at the ATM, knowing that you're going to be saddled with fees and wishing you could sue everyone involved? Well, it looks like more than one person has followed through on this idea. More »
People Are Back To Making Late Payments On Their Credit Cards
By Chris Morran on October 19, 2011 11:30 AM
19 Comments
Two months ago, the number of people making late credit card payments was at its lowest since Justin Bieber was a twinkle in his parents' eyes. Of course, when you reach a low like that, there is often nowhere to go but up. More »
ATM Council Sues Visa And Mastercard For Forcing Them To Charge Consumers Set Fees
By Ben Popken on October 14, 2011 4:00 PM
38 Comments
Visa and Mastercard have been accused of price fixing in a lawsuit filed Wednesday by the the National ATM Council. The suit alleges that nonbank ATM operators could charge customers lower ATM fees when they use other, cheaper payment networks, but are prevented from this by the set access fees Visa and MasterCard charge. More »
Credit Card Marketer Uses Clever Way To Circumvent New Regs
By Ben Popken on October 13, 2011 11:00 AM
38 Comments
Looks like at least one credit card marketer has cooked up a clever way around regulations that forbid unsolicited credit cards from being issued and showing up in your mailbox. More »
VISA And Mastercard Plan To Hike Debit Card Fees On Small Items For Merchants
By Ben Popken on September 29, 2011 10:00 AM
79 Comments
VISA and Mastercard are planning to sharply raise the debit card transaction fees for small purchases for merchants, according to an analyst note. A $2 cup of coffee incurs about an 8 cent fee currently, but under the new policy, the fee will hike to 23 cents. More »
(WI-LO)
Small Business Credit Cards Come With Risks That Your Personal Card Doesn't
By Chris Morran on May 18, 2011 4:17 PM
20 Comments
In spite of the "small business" name, there is nothing about most so-called small business credit cards that requires the cardholder to actually own or operate a business. In fact, over a five year period ending last December, credit card companies sent out more than 2.6 billion business card offers to regular Janes and Joes in the U.S. But while these cards are available to the everyday consumer, they do not come with all the protections associated with non-business credit cards. More »
MasterCard Fixes Merchant Violation Form
By Ben Popken on May 18, 2011 10:00 AM
9 Comments
After a reader noticed that Mastercard's Merchant Violation report form for consumers only let you put in 100 characters even though it said you had 5,000, we wrote a post about it (in addition to using the form itself to report the error). Now Mastercard has informed us that they fixed it, and indeed it passes our test. Finally, "As a point of reference, consumer questions and issues can be raised on our Twitter page at @MasterCard, as well as the web forms," the MasterCard rep pointed out via email. That's right, there's now at least two ways to talk to MasterCard using over 100 characters. More »
5 Fee-Ridden, High-Interest Credit Cards To Avoid
By Mary Beth Quirk on March 1, 2011 2:30 PM
41 Comments
It's a dangerous world out there when it comes to dodging credit cards with sky-high fees and interest rates that could palpitate any heart. Let's go ahead and check out a few of the ones you might do well to avoid, shall we? More »
Keeping Up With The Kardashian Kard's Hidden Fees
By Ben Popken on November 17, 2010 11:00 AM
42 Comments
Keeping up with the Kardashians comes at a cost. The reality show star is pimping a new prepaid debit card targeted at kids that is as bursting with hidden fees as Kim's shirt, featured prominently on the plastic, is bursting with integrity. Yeah, I think using sex to sell hidden fees to kids is pretty messed up. Just take a look at all these fees: More »
