Mastercard

Mastercard Incorporated is an American multinational financial services company and a card network provider. Mastercard handles the back-office operations, including the clearing and settlement of transactions such as purchases and cash withdrawals. It facilitates communication and financial data exchange between banks connected to the Mastercard system, including those operating POS terminals, ATMs, and card issuance.

In Hungary, Mastercard holds the largest share of issued cards, with approximately 60% of the total. Most banks issue Mastercard cards, and these cards are accepted at all card acceptance points across the country. Mastercard's strong presence and acceptance make it a key player in the Hungarian financial market.

Mastercard is the second-largest card company in Europe, and Mastercard cards are accepted everywhere in the European Union. This extensive acceptance reinforces Mastercard's position in the European financial services market.

Mastercard is the third-largest card company in the world, following UnionPay and VISA. Mastercard plays a significant role in the global card payment market and is widely recognized in the financial services industry.