 | Maestro is an international debit card service; a joint venture by MasterCard and Europay International. Maestro cards are obtained from associate banks and linked to the cardholder's current account. The cardholder presents the card at the Point of sale (POS) and this is swiped through the terminal by the assistant or the customer or inserted into a PINpad. The payment is authorised by the card issuer to ensure that the cardholder has sufficient funds in their account to make the purchase and the cardholder confirms the payment by either signing the sales receipt or enters their 4 to 6-digit PIN. Maestro Logo File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
A debit card is an ISO 7810 card which physically resembles a credit card, and, like a credit card, is used as an alternative to cash when making purchases. ...
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POS must not be confused with EFT/POS and POS Terminal used in Electronic payment POS or PoS is an acronym for point-of-sale (or point of purchase). ...
Chip and PIN is the name of a government-backed initiative in the United Kingdom to implement the EMV standard for secure payments. ...
A personal identification number (PIN) is a numeric value (sometimes expressed as text using the standard telephone dial mapping) that is used in certain systems to gain access, and authenticate. ...
In Europe, Maestro is the successor to the Eurocheque system. In the United Kingdom all Switch and Solo debit cards have Maestro capability in order to allow card holders to make payments outside the UK. As of 2004 Switch is being gradually rebranded as Maestro; however only the brand is being adopted - the system will still be managed by the Switch card scheme. Many retailers are moving very slowly to implement system changes allowing international Maestro cards to be used, and foreign cardholders may have significant problems using their cards in the UK. World map showing Europe Political map Europe is one of the seven continents of Earth which, in this case, is more a cultural and political distinction than a physiographic one, leading to various perspectives about Europes borders. ...
Switch was a debit card used in the United Kingdom. ...
Solo is a debit card produced by Switch Card Services in the UK. It can only be used electronically and is designed for people under the age of 18 or on lower incomes. ...
2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...
In Ireland, customers of AIB are receiving a new AIB Maestro debit card which is to replace the current Laser card. The new card which uses Chip and PIN technology, can be used for all POS transactions that accept Laser or Maestro. The card can also be used at ATM machines that accept Link, in addition to the Maestro supported machines. Most Laser cards issued by other banks also have the Maestro logo and function as Maestro cards. Allied Irish Banks plc (AIB),(ISEQ: ALBK), (LSE: ALBK), (NYSE: AIB), (Xetra: AIB) is a commercial bank based in Ireland not to be mistaken for Anglo Irish Bank. ...
Laser is the primary debit card system used in the Republic of Ireland. ...
In Belgium, the existing Bancontact/Mister Cash system will be phased out in favor of Maestro. This is directly in line with the European directive requiring member states to adopt a common payment system by 2010 (see Single_European_Payments_Area). The Single European Payments Area (SEPA) initiative for the European financial infrastructure involves the creation of a zone for the Euro in which all electronic payments are considered domestic, and where a difference between national and international payments does not exist. ...
In Brazil, Maestro has acquired the existing Redeshop service and is in the process of rebranding it as Maestro.
In Argentina, Maestro is the card used by the Banco de la Nacion Argentina, and others. Main building of the Banco de la Nación in front of the Plaza de Mayo Banco de la Nación Argentina (English: Bank of the Argentine Nation) is a state-owned bank in Argentina, and the largest in the countrys banking sector. ...
Because of its global acceptance and the increase in Maestro based prepaid cards, a major advertising campaign in the UK by the company calls Maestro 'The New Cash '.
 EC-card of the German Oldenburgische Landesbank (front) with Maestro-Logo
Where can you use the meastro card Download high resolution version (1000x632, 193 KB) Wikipedia does not have an article with this exact name. ...
Download high resolution version (1000x632, 193 KB) Wikipedia does not have an article with this exact name. ...
Going on vacation?, most people wonder can they pay using this card. For those people who wonder can i use my regular bankcard or pinpas with this meastro logo yes or no, or do i have to buy a less safe credit card for this destination. As most banks will promote creditcards it is sometimes not easy to find out so here is an excelent link to check this out yourselves go to :
click on the small world icons to find out.
You'll notice that this card has become a nice international or world wide accepted pinpas. Altough remember it can cost some extra mony per transfer between banks who accept this logo. So if your regulary use 'pin' to pay and don't like cash, and your secure and you do trust the people you pay allways then a creditcard would be better, if not this is a good card to use.
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