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 & insured purchases for consumers
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Extra secure with Mastercard's SecureCode
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 other financial institution. Consumers can use the card to make purchases at online stores and physical shops, both in the Netherlands and abroad. Mastercard credit cards are linked to a credit limit, allowing consumers to spend a certain amount without needing to transfer money immediately.
What are the advantages of this payment method?
Mastercard credit cards are equipped with several security measures such as a CVV code and 3D Secure to prevent fraud in your online store or physical shop. Additionally, you expand the reach of your webshop with this payment method. Mastercard is one of the most widely used credit cards in Europe.
What are the disadvantages of a Mastercard credit card for webshops?
Although using Mastercard has many advantages, there are also some drawbacks. Fraud remains an issue, even with the additional security measures. Additionally, a consumer can request a chargeback up to 180 days after the purchase. This can occur if the product is not received or if the product has been returned by the consumer.
How can I accept Mastercard?
To accept Mastercard, create an account with Buckaroo. Payments are processed within 3 to 5 business days.
How can consumers secure their Mastercard credit card details?
There are several steps consumers can take to protect their Mastercard credit card details when making online payments in a webshop:
- Enable 3D Secure as an additional security measure
- Purchase products from reputable webshops (with a valid Mastercard logo)
- Check if the webshop has an SSL certificate
Receive online payments today
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Outstanding customer service
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Clear rates
Pay only for successful transactions -
40+ popular payment methods
We assist you in choosing the right payment methods
