Maestro is a widely recognized debit card brand that is owned and operated by Mastercard, one of the world’s leading financial services companies. Maestro debit cards are commonly used for electronic funds transfers, point-of-sale (POS) purchases, and cash withdrawals from ATMs. Maestro is a debit product within the Mastercard offering. This payment method requires electronic online authorization for almost all transactions, although Mastercard’s rules allow minimum limits to be set only for Maestro EMV chip transactions.
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