Mastercard

2024-03-27 10:04

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
	Acquiring region	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
	Card brand	Mastercard	Mastercard	Mastercard	Mastercard	Mastercard	Mastercard
	Payment flow	Redirect	Redirect	Redirect	Redirect	Redirect	Redirect
	Payment completion	Real-time	Real-time	Real-time	Real-time	Real-time	Real-time
Currency	Processing currency	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	EUR, GBP, USD	EUR, PLN, CHF, USD	USD	See the Processing and settlement currencies for 2C2P HK table	See the Processing and settlement currencies for 2C2P SG table
Currency	Settlement currency	EUR, GBP, HKD, JPY, SGD, USD	EUR, GBP, USD	EUR, PLN, CHF, USD	USD
Other	Settlement region	Contact the Alipay Merchant Service business support	Contact the Alipay Merchant Service business support	Contact the Alipay Merchant Service business support	US	HK	SG
	Settlement cycle	T+5	T+4	T+4	T+4	T+4	T+3
	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 transaction 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
	Max transaction amount	Unlimited	Unlimited	Unlimited	9,999,999.99 USD	499,999 USD or equal amounts	499,999 USD or equal amounts
	Checkout Payment	✔️	✔️	✔️	✔️	✔️	✔️
	Auto Debit	❌	❌	❌	✔️	❌	❌
	Multiple partial captures	❌	❌	❌	❌	❌	❌
	Partial capture	❌	❌	❌	✔️	✔️	✔️
	Overdraft capture	❌	❌	❌	❌	❌	❌
	Refunds	✔️	✔️	✔️	✔️	✔️	✔️
	Partial refunds	✔️	✔️	✔️	✔️	✔️	✔️
	Chargeback	✔️	✔️	✔️	✔️	✔️	✔️
	Refund period	365 days	365 days	365 days	365 days	365 days	365 days
	Installment	❌	❌	❌	❌	❌	❌

Processing and settlement currencies for 2C2P HK

Processing currency	Settlement currency	Acquiring bank of the card
HKD, USD, GBP, EUR, JPY, SGD, MOP	HKD	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	HKD/USD	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 and settlement currencies for 2C2P SG

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