MasterCard is one of the most preferred card issuers in the world. It shares many similarities with its competitor, Visa. Most people can’t tell the difference between the two card networks.
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While Visa and MasterCard are similar in many ways, some card owners love the latter card more. In this article, we’ll talk more about MasterCard. Precisely, we’ll outline some of the biggest industries that love the card. Let’s get started.
Online Shopping
Visit any shopping website of your choice today. Check the accepted payment options and there’s a strong chance you can use MasterCard. Online stores love MasterCard for the same reason local stores love the card—it is safe and reliable.
When you link your credit/debit card to an online store, MasterCard facilitates the payment while also protecting your privacy. Depending on your card issuer, you can use MasterCard to buy goods for tens of thousands of dollars.
The best part about using MasterCard to shop online is the rewards. The company has a comprehensive rewards program that gives you points for paying with your card. You can later redeem your points into shopping credits.
Beyond shopping points, MasterCard can also give you shopping cards and ticket prizes to attend prestigious events. If that’s not enough, some online shopping sites have special rewards for people who pay with MasterCard.
Online Gambling
Whether you want to play slots or bet on Football, you need to fund your betting account. You can deposit through MasterCard directly. Or, you could use a mobile wallet that works with MasterCard: Apple Pay, PayPal, Skrill, and Google Pay, to name a few.
Some online casino sites that accept MasterCard payments have special rewards for new customers. For example, you can receive a 100% matched bonus worth up to $100 or $200 when you deposit through your card.
A bonus can double your bankroll. This could maximize your chances of winning and minimize your losses. Considering casinos have recurring bonuses, it is safe to say that MasterCard could help you earn lots of gambling promotions in the long term.
Another benefit of using MasterCard for online gambling is that there’s an extensive list of MasterCard casinos in the world. You might struggle to find an Apple Pay or PayPal casino. But you’ll always find a betting site willing to accept your card payments.
Online Subscriptions
If you’re like many people, you pay for at least one online subscription every month. Perhaps you pay to watch movies and TV shows on Netflix. Maybe you order prepped meals for your family online.
MasterCard is one of the best payment methods for online subscriptions. It allows you to automate your payments to avoid forgetting to pay for crucial services like computer antiviruses and Internet plans.
Another advantage of using MasterCard is that it has low fees and works across multiple devices. You can use it on your PC, iPad or iPhone. Of course, it also works on Android devices.
MasterCard helps you track your expenses easily, which is an important feature for people with multiple subscriptions. Tracking your finances helps you know exactly how much you’re spending. In doing so, you can cancel subscriptions you no longer need at the right time.
Online Donations
Do you donate money to your favorite Twitch streamers regularly? Perhaps you donate to charitable causes through the Red Cross, UNICEF, and other non-profit organizations.
MasterCard provides an extremely easy way to make online donations. You link your card, choose a donation amount and the rest of the process is straightforward.
The best part of donating with MasterCard is that you have some sort of protection from fraudsters. Let’s say you donate money to a cause that turns out to be a scam. You can ask for a chargeback from your credit card provider.
If you love a charity organization so much, you can set up periodic donations through your MasterCard credit/debit card. The company will deduct the specified amount every month. But you can always cancel your subscription.
Mobile Game Payments
People who play mobile games often find themselves having to pay for various gaming privileges. For example, you need to pay for a powerful gun in Call of Duty to unlock a star player in NBA2K or FIFA24 mobile.
Even free-to-download games won’t let you complete some missions or use specific items without making a payment. In fact, free-to-play games tend to have the most charges to users.
Many payments involving mobile games are micro—and range from a few cents to $100. It makes sense to pay with a card for these transactions. Cards support low limits. They have low fees and are stress-free to use.
The only problem with using cards for small gaming payments is that you can forget to keep up with the expenses. You might think you spend small amounts. But the money can accumulate after a few months.
Food and Beverages
Cash used to be king at restaurants and coffee shops. Nowadays, more and more people are paying with a card or a mobile wallet. MasterCard, in conjunction with iPhone, Samsung, and several more smartphone brands, supports contactless payments.
Contactless payments increase efficiency. You don’t need to key in your pin on a handheld device. You can just tap your MasterCard against a terminal and your payment will be made.
While some restaurants prefer cash payers, more and more restaurants are accepting MasterCard. It helps owners manage their premises better even when absent. It helps with tracking finances. It is easy to use for customers. And it allows restaurants to ask revelers for tips without doing so verbally.
Travel
MasterCard is one of the best payment methods for traveling. It doesn’t matter whether you’re using Uber or traveling by air. You don’t need to use any other banking method if you own a MasterCard.
MasterCard’s reward system includes special benefits for travelers. Not only can you use the same card to make payments across the border, but you can also earn points, and cashback or qualify for free trips. The rewards can be higher if you use a card provided by a generous card provider.
