Overview
Description
Mastercard Inc. is a leading global payments technology company that connects consumers, financial institutions, merchants, governments, and businesses worldwide. The primary function of Mastercard is to facilitate electronic forms of payment, enhancing the worldwide transition from cash-based to digital financial ecosystems. Its payment solutions include credit, debit, and prepaid card offerings, as well as real-time payments and security solutions aimed at fraud prevention and management.
Mastercard operates in wide-reaching sectors, making significant impacts on financial services, retail, travel, and e-commerce. It collaborates with a vast array of stakeholders to provide seamless and secure transaction experiences while continuously innovating with technologies like cryptocurrency, contactless payments, and artificial intelligence to enhance its products.
The company's role in the financial market is pivotal as it helps enable robust economic exchange across global markets. Mastercard’s extensive network and technological prowess make it an essential player in furthering the efficiency and reach of payment systems around the world. Headquartered in Purchase, New York, and founded in 1966, Mastercard continues to expand digital commerce capabilities through strategic partnerships and investments.
About
CEO
Mr. Michael Miebach
Employees
35300
Address
2000 Purchase Street
Purchase, 10577, NY
United States
Purchase, 10577, NY
United States
Phone
914 249 2000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
Brazil
MIC code
BVMF