Financial Services / Payment Processing Network

• MA

  Mastercard

  2000 Purchase Street, Purchase, New York 10577, USA

  Mastercard is a global technology company in the payment processing industry, operating one of the world's largest four-party payment networks. Founded in 1966 as the Interbank Card Association by a consortium of U.S. banks to compete with BankAmericard (now Visa), it launched the Master Charge card in 1969 and adopted the Mastercard name in 1979. Headquartered in Purchase, New York, the company processes transactions between merchants' banks and card-issuing financial institutions in over 210 countries and territories. Unlike American Express or Discover, Mastercard does not issue cards or extend credit itself but instead provides an open-loop network and value-added services such as data analytics, cybersecurity, and digital identity. With a market capitalization exceeding $380 billion and annual revenue of $32.8 billion (2025), Mastercard employs approximately 39,800 people and has expanded beyond core card processing into real-time payments, open banking, and crypto-enabled services. The company aims to connect 500 million more people and small businesses to the digital economy by 2030, positioning itself as a key enabler of the digital economy.