Mastercard

2024-08-19 09:17

Mastercard is a leading global card organization with a significant presence in the European co-branded credit card market. It also holds a dominant position in numerous national markets, including Austria, Brazil, Canada, Colombia, Benelux, Germany, Hungary, and Venezuela.

Properties

The properties of the Mastercard are shown in the following table:

Availability	Acquirer	AlipaySG	AlipayUK	AlipayEU	AlipayUS	2C2P HK	2C2P SG
	Merchant entity location	HK, SG	UK	EEA	US	HK	SG
	Buyer country/region	Global	Global	Global	Global	Global	Global
Product features	Payment type	Card	Card	Card	Card	Card	Card
Product features	Card brand	Mastercard	Mastercard	Mastercard	Mastercard	Mastercard	Mastercard
Currency	Processing currency	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	EUR, GBP, USD, HKD, SGD, JPY, AUD, CAD, NZD	EUR, PLN, CHF, USD, GBP, HKD, SGD, JPY, AUD, CAD, NZD	USD	See the Processing currency for 2C2P HK table	See the Processing currency for 2C2P SG table
Other	3D	✔️	✔️	✔️	✔️	✔️	✔️
	Authorization validity period	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.	7 days To reduce costs, we recommend that you initiate a request to capture or cancel the authorization within 3 days.
	Minimum payment amount	The smallest unit of the currency multiplied by 2. (That is, if the currency is USD, the minimum is 2 cents, based on the smallest unit of 1 cent)	The smallest unit of the currency multiplied by 2. (That is, if the currency is USD, the minimum is 2 cents, based on the smallest unit of 1 cent)	The smallest unit of the currency multiplied by 2. (That is, if the currency is USD, the minimum is 2 cents, based on the smallest unit of 1 cent)	0.01 USD or equal amounts	The smallest unit of the acquirer currency	The smallest unit of the acquirer currency
	Maximum payment amount	Unlimited	Unlimited	Unlimited	9,999,999.99 USD	499,999 USD or equal amounts	499,999 USD or equal amounts
	Recurring payments (MIT)	✔️	✔️	✔️	✔️	❌	❌
	Partial capture	❌	❌	❌	✔️	✔️	✔️
	Refund	✔️	✔️	✔️	✔️	✔️	✔️
	Partial refund	✔️	✔️	✔️	✔️	✔️	✔️
	Chargeback/Dispute	✔️	✔️	✔️	✔️	✔️	✔️
	Refund period	365 days	365 days	365 days	365 days	365 days	365 days
	Advanced AVS check	✔️	✔️	✔️	✔️	❌	❌

Processing currency for 2C2P HK

Processing currency	Acquiring bank of the card
HKD, USD, GBP, EUR, JPY, SGD, MOP	AEON
AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BYN, BZD, CAD, CDF, CHF, CLF, CLP, CNY, COP, CRC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EEK, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HTG, HUF, IDR, ILS, INR, IQD, IRR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LKR, LRD, LSL, LTL, LVL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGNvNIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLE, SOS, SRD, STD, SVC, SYP, SZL, THB, TJS, TMT, TND,TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XOF, XPF, YER, ZAR, ZMW	Checkout

Note: If the merchant's total payment volume exceeds 1 million USD per card association / acquiring bank of the card, the merchant must sign a tri-party agreement with 2C2P HK and the acquiring bank of the card.

Processing currency for 2C2P SG

Processing currency	Acquiring bank of the card
AUD, CAD, CHF, CNY, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MOP, MYR, NZD, PHP, SGD, THB, TWD, VND	UOB
AUD, CAD, CHF, CNY, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MOP, MYR, NZD, PHP, SGD, THB, TWD, USD, VND	UOB
HKD	UOB
AUD	MayBank
CAD	MayBank
EUR	MayBank
GBP	MayBank
HKD	MayBank
NZD	MayBank
SGD	MayBank
USD	MayBank

Note: Acquiring banks support different currencies. 2C2P recommends acquiring banks to the merchant according to the merchant's needs. Each merchant in Singapore must sign the tri-party agreement with 2C2P SG and the acquiring bank.

User experience

This section shows the user experience of Mastercard in different scenarios:

API-only integration

This section shows the difference in user experience between those PCI and non-PCI qualified under the API integration.

PCI qualified

This section shows the difference between the first-time and subsequent payments under the PCI qualified.

First-time payment

This section shows the difference between Web and app when users make the first-time payment under the PCI qualified.

Web

App

Subsequent payments

This section shows the difference between Web and app when users make the subsequent payments under the PCI qualified.

Web

App

Non-PCI qualified

This section shows the difference between the first-time and subsequent payments under the non-PCI qualified.

First-time payment

This section shows the difference between Web and app when users make the first-time payment under the non-PCI qualified.

Web

App

Subsequent payments

This section shows the difference between Web and app when users make the subsequent payments under the non-PCI qualified.

Web

App

SDK integration

This section shows the difference between the first-time and subsequent payments under the SDK integration.

First-time payment

This section shows the difference between Web and app when users make the first-time payment under the SDK integration.

Web

App

Subsequent payments

This section shows the difference between Web and app when users make the subsequent payments under the SDK integration.

Web

App