MasterCard

Those who have purchased from international websites such as Amazon, Alibaba, etc., have probably faced the MasterCard option while paying. But what does MasterCard mean? What are the ways of obtaining MasterCard? We will review all of these questions in this article.

This card, i.e. MasterCard is one of the 4 largest payment networks in the world. The activity of this type of card is with many different organizations and companies in the field of "payment" at the international level. All MasterCard transaction processes are carried out especially within the international network. There are 3 types of MasterCard. Prepaid, Cash and Credit cards. The communication ways of those existing MasterCard within the international network are different according to the way of presentation and existing agreements. The process of obtaining this type of card for people living in Iran is different from the main process in other countries. In the first step, the applicant is required to find a reliable intermediary company for this purpose, and then she/he must send her/his application in the shape of a virtual form. Types of MasterCard are Standard, Gold and Platinum. Each of them offers different services. The MasterCard Gold has all the services that a standard MasterCard has, plus, the possibility of offline transactions is also available for Gold card holders. The best type of MasterCard is Platinum, and apart from services such as Gold and Standard, there are privileges such as charging and withdrawing unlimited money and the possibility of receiving currencies such as dollars and euros.

Who can use MasterCard?

Those people often use MasterCard who have international transactions and purchases from international websites such as Alibaba, Amazon, etc., people who are traveling abroad. It is also possible to use MasterCard in various stores, ATM machines, etc. MasterCard holders can safely have banking transactions such as deposits, recharges, etc. At last we can say that this type of card is suitable for people who have international activities.

Advantages of having a MasterCard

•          Purchasing books, digital and electronic podcasts.

•          Payment of university tuition.

•          Purchasing all kinds of travel tickets.

•          Purchase from international websites.

•          Purchasing all kinds of accounts.

•          Purchasing all kinds of software.

•          Car rental and reservation.

•          Payment for registration for various exams such as IELTS etc.

Required documents for obtaining a MasterCard

•          Scan of ID Card.

•          1 photo.

•          Bank debit card scan.

•          Passport scan from the first page.

The documents required for each of the intermediary companies to obtain MasterCard are different and it can be said that after some period of time and after going through easy processes such as filling the relevant forms, online and other forms and also paying the related fees, the applicant’s MasterCard will be issued.

MasterCard issuance period

The MasterCard’s issuance time by each company is different. This process is issued by a series of companies in a short time, and also a series of them are issued in a longer period of time, and this actually depends on the company you choose. The applicant must choose the intermediary company, wisely and by researching and making the necessary inquiries. MasterCard are issued in two different ways. If the applicant wants to purchase her/his intended items on a different online platform, she/he can receive her/his MasterCard virtually because the issuing process is less than the physical one.

MasterCard validity period and renewal

It is good to know that MasterCard that are issued in physical form can be recharged. But this does not apply to virtual MasterCard. The applicant can have a charge request from the company that issued the MasterCard (physically). Meanwhile, if the applicant tries to get a virtual MasterCard from a company and wants to charge it again, she/he must apply for another virtual MasterCard again. Each method of issuing MasterCard has its advantages and disadvantages. Most people prefer the virtual MasterCard because it takes a shorter time to issue.

What is the difference between MasterCard and Visa card?

There are several differences between these types of cards. Did you know that Visa Card and MasterCard are only members of international transaction and payment networks?!

The bank credit card which is offered by banks includes advantages, various rewards and usage value. Different payment networks are no exception to this rule. Each of these networks offers different services. Thus, it can be said that the difference between these two types of cards is in the different services that each one of them provides. Most of the privileges that the applicant receives, has direct relation to the issuer. Both MasterCard and Visa card are used in any place that supports international cards and both of them are used for banking affairs such as buying and depositing money.

Getting balance from MasterCard:

After obtaining a MasterCard, the applicant can check her account balance through related intermediary websites. According to each platform, the applicant is also able to check her/his transactions.