Credit CardsMastercard credit cards are issued to customers not by Mastercard, but by an issuing bank. These credit cards will have varying terms/rewards, as every bank is different. The below guide is a handy reference to see how cards are typically classified. Note that issuing banks have a lot of [...]
The “Merit III” or “Merit 3” category encompasses traditional consumer credit cards, as opposed to business/purchasing cards. Barring a few exceptions, most merchants are able to receive this interchange rate, as it represents the best qualification level for in-person sales. Below are the basic qualifications, plus you’ll see each type of [...]