3

In some parts of the world MasterCard is offering its "Debit MasterCard" instead of or alongside its Maestro brand which is a debit only system.

Question is: Which one has been there longer and why would they introduce the other one? I suppose they are processed over two different systems but that is the only difference I see between a Maestro card and a Debit MasterCard.

Does anyone know about historical or other reasons for this?

Arminius
  • 91
  • 2

1 Answers1

1

Different systems have different fees for merchants. In many cases an incumbent system will typically have higher fees simply because there is no competition.

Maestro also isn't used worldwide, so for the consumer in a "Maestro country", they now get more choice too to make their travel easier.

CQM
  • 20,209
  • 6
  • 54
  • 93