How It Works

First, Learn The Basics

The payment card business can be somewhat confusing for new merchants—and, sometimes, even for experienced merchants. You may have several unanswered questions, like: Who is the issuer? What is the role of MasterCard? And what the heck is an acquirer, anyway? Don't fear. It's not nearly as complex as you may think. The following information is a great place to start and begin to make sense of it all.

THE BUSINESS

Merchants can accept a MasterCard credit card or a MasterCard debit card. A credit product allows the consumer to make purchases based on an established line of credit received by their card issuing bank. The credit limit is the spending amount established by the issuing bank based on a consumer credit profile. A debit product allows the consumer to make a purchase based on funds available in their bank account. Debit purchases are drawn directly from the consumer's bank account and show up directly on the consumer's monthly bank statement.

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BECOME A MASTERCARD MERCHANT

It's easy to start accepting MasterCard as payment and get all the benefits that come with it. Begin the process by contacting an acquirer.