Mastercard Incorporated Overview
Mastercard Incorporated is a global technology company specializing in transaction processing and payment-related products and services. Headquartered in Purchase, New York, the company was founded in 1966 and operates under the MasterCard, Maestro, and Cirrus brands.
Key Offerings
- Payment Solutions: Credit, debit, and prepaid payment products for consumers and businesses.
- Transaction Processing: Services enabling access to funds in deposit accounts and prepaid programs.
- Commercial Payments: Virtual Card Number and supplier payment optimization for businesses and governments.
- Digital & Cross-Border Payments: Mastercard Move for peer-to-peer transfers and partnerships with central banks and fintechs.
- Security & Analytics: Fraud prevention, loyalty programs, business intelligence, and open banking services.
Target Customers
Mastercard serves a diverse clientele, including:
- Financial institutions
- Merchants and businesses
- Governments and nonprofits
- Digital partners and consumers