American multinational financial services corporation
Mastercard Inc.
Logo used since 2019
Company type
Public
Traded as
NYSE: MA (Class A)
S&P 100 component
S&P 500 component
ISIN
US57636Q1040
Industry
Financial services
Founded
1966; 58 years ago (1966)
Headquarters
2000 Purchase Street,
Purchase, New York
,
U.S.
Area served
Worldwide
Key people
Merit Janow (Chair)
Michael Miebach (CEO)
Sachin Mehra (CFO)
Brands
Cirrus
Maestro
Mondex
MasterPass
Services
Credit cards
Debit cards
Payment systems
Revenue
US$25.10 billion (2023)
Operating income
US$14.01 billion (2023)
Net income
US$11.19 billion (2023)
Total assets
US$42.45 billion (2023)
Total equity
US$6.93 billion (2023)
Number of employees
33,400 (2023)
Website
mastercard.com
Footnotes / references [1][2]
Mastercard Inc. (stylized as MasterCard from 1979 to 2016, mastercard from 2016 to 2019) is an American multinational payment card services corporation headquartered in Purchase, New York. It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings). Its headquarters are in Purchase, New York.[3] Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the Mastercard-brand debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.
Mastercard (originally Interbank, then Master Charge)[4] was created by an alliance of several banks and regional bankcard associations in response to the BankAmericard issued by Bank of America, which later became Visa and is still its biggest competitor. Prior to its initial public offering, Mastercard Worldwide was a cooperative owned by the more than 25,000 financial institutions that issue its branded cards.
^"Mastercard Incorporated 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 13, 2024.
^"Mastercard Drops Its Name From Company Logo". Fortune. Retrieved January 10, 2019.
^"MasterCard Incorporated Reports Fourth-Quarter and Full-Year 2016 Financial Results". MasterCard. Archived from the original on October 24, 2020. Retrieved December 2, 2017.
^"MasterCard Corporate Milestones". Archived from the original on May 14, 2013. Retrieved November 13, 2019.{{cite web}}: CS1 maint: unfit URL (link)
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automated teller machines which can accept them. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard. EMV cards are...
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Club Corporate Card, Citi Mastercard Corporate Executive Companion Card, Diners Club Business Card and the Citi Mastercard Business Companion Card previously...
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