Maestro is a major payment method for online as well as offline transactions. It has been popular because of its support, ease of use, and availability across various channels.
The card is a popular digital payment option for people to use when making transactions ranging from a variety of uses. It is used for everything from grocery shopping, to online purchases and, in some countries, for public transportation. It is also used extensively on online esport websites.
Mastercard Maestro is a debit card and prepaid card brand that has been operated by Mastercard since 1991. These cards are obtained from partner banks and are connected to the cardholder's bank account, whereas prepaid cards do not require a bank account to work.
Maestro is accepted at approximately fifteen million POS terminals in 93 countries.
As per a recent announcement, Maestro will be phased out of Europe beginning July 1, 2023. Banks and other card issuers in Europe will need to replace cards that have expired or have been lost with alternate debit cards like Visa Debit or Debit Mastercard.
Maestro is available at a payment option at many online bookies, because it can be used to fund their accounts. It is popular because of the ease of use that it offers and is used in many countries around the world.