Mastercard, the most widely used credit card in the world
Mastercard is a payment network that enables consumers, businesses and banks to handle money matters worldwide. In addition, Mastercard offers credit cards with which payments can be made safely and quickly, for example in online shops. As a payment provider, Buckaroo handles the direct processing of online debit and credit card payments of this payment method.
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Advantages of Mastercard
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International payment method with global reach
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Delivery guarantee, money back if a purchase is not delivered
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Extra secure thanks to Mastercard SecureCode
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Purchases are insured against theft, loss or damage for 180 days free of charge
How does it work?
Consumers pay with a Mastercard credit card in online shops, physical stores and restaurants. When making an online payment, the consumer is asked to provide information from the credit card, including the name on the card, the 16-digit credit card number and the month and year in which the payment card expires. The consumer confirms the online payment by entering the 3-digit CVC code.
Nowadays, online purchases are even better protected thanks to Mastercard SecureCode (also known as 3D Secure). It is a personal password that must be entered when the consumer pays online. SecureCode provides even better protection against fraud and abuse.
What is a Mastercard credit card?
A Mastercard credit card is a payment card issued by a bank or another financial institution. The card can be used to make purchases at online and offline shops, both in the Netherlands and abroad. Mastercard credit cards are linked to a credit limit, which means you can spend a certain amount without having to transfer money immediately.
How do I pay in online shops?
To pay with a Mastercard credit card for online shops, you need to enter the card details on the website of the shop you want to buy from. The details you need to enter are:
- The card number
- The expiry date
- The CVV code
The online shop will then check these details with Mastercard. If the details are correct, the purchase will be approved and the amount will be deducted from your credit limit.
What are the advantages of this payment method?
There are a number of advantages to using a Mastercard credit card for online shopping:
- Security: Mastercard credit cards come with a number of security measures to prevent fraud, such as a CVV code and 3D Secure.
- Convenience: You can pay with a Mastercard credit card in online shops all over the world.
- Credit limit: You can make a purchase without having to transfer money immediately.
- Benefits: Many Mastercard credit cards offer additional benefits, such as travel insurance and cashback.
What are the disadvantages of a Mastercard credit card for online shops?
There are some disadvantages to using a Mastercard credit card for online shopping:
- Fees: Some Mastercard credit cards charge annual fees.
- Interest: If you do not pay your account in full within 21 days of receipt, you will pay interest on your outstanding balance.
- Fraud: There is always a risk of fraud when using a credit card.
How can I accept Mastercard?
To accept Mastercard, create an account with Buckaroo. Payouts from Mastercard take place after about 3 - 5 working days.
What should I do if my Mastercard credit card is declined in an online shop?
There are a number of reasons why your Mastercard credit card may be declined in an online shop. There may be a problem with the settings for your account and card, you may have insufficient balance or you may have entered incorrect information. You can contact your bank or financial institution to find out why your card has been declined.
How can I secure my Mastercard credit card details?
There are a number of things you can do to secure your Mastercard credit card details for online shops:
- Use a strong password and PIN.
- Be careful of phishing emails and websites.
- Enable 3D Secure.
- Keep your credit card details in a safe place.
Tips for secure online payment with a Mastercard credit card for online shops:
- Only buy from reliable websites.
- Use a VPN to hide your IP address.
- Always keep a copy of your purchase receipts.
Specifications for online shops:
- The online shop must have a valid Mastercard logo.
- The online shop must have an SSL certificate to secure your data.
- The online shop should offer 3D Secure.
Get started with Mastercard now
-
Excellent customer service
Help when you need it -
Clear rates
Only pay for successful transactions -
40+ popular payment methods
We help you choose the right payment methods
