MasterCard Worldwide is a credit card cooperative owned by a collection of 25,000 plus financial institutions worldwide. These financial service firms issue MasterCard-brand credit and debit cards, allowing people to process payments between banks and vendors. The MasterCard network serves consumers and merchants worldwide, while credit unions and banks issue cards to customers.

Thus, MasterCard is a worldwide financial services network accepted by almost any civilized vendor of goods, services, or information. The MasterCard credit card was created to be a competitor for Bank of America’s famous credit card, the Visa card (originally BankAmericard). Because it’s a network of financial institutions that make their own decisions, MasterCard online casino deposits sometimes decline. That being said, thousands of online gambling sites accept MasterCard and Maestro payments.

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