Mastercard Inc - Company Profile
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Mastercard Inc (Mastercard) is a payment and technology company, which deals with clearing, authorization, and settlement of payment transactions. It offers a wide range of payment solutions for credit, debit, prepaid, and commercial cards; digital payments, real-time account-based payments, and payment system security; transaction services such as cross-border and domestic transactions. Mastercard also provides value-added services such as loyalty and rewards and advisory services such as consulting, analytics, and implementation services. Mastercard serves individuals, financial institutions, digital partners, businesses, merchants, governments, and other organizations. It has operations in the Americas, the Middle East, Africa, Europe, and Asia-Pacific. Mastercard is headquartered in Purchase, New York, the US.
Mastercard Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Prepaid Accounts | Payments: | Mastercard |
Travel Cards | Authorization, Clearing, and Settlement of Transactions | Cirrus |
Purchasing and Fleet Cards | Real-time Account Based Payment | Maestro |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Corporate Awards | In April, the company partnered with Mastercard Move to allow near real-time payouts for commercial banks and payers. |
2024 | Contracts/Agreements | In April, the company partnered with VoPay to provide businesses and consumers with real-time fund transfer services in Canada. |
2024 | Contracts/Agreements | In April, the company and Equity Bank announced a partnership to arrange the safe and secure transfer of funds from Equity Bank customers to 30 countries. |
Competitor Comparison
Key Parameters | Mastercard Inc | American Express Co | Visa Inc | PayPal Holdings Inc | Discover Financial Services |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Purchase | New York | San Francisco | San Jose | Riverwoods |
State/Province | New York | New York | California | California | Illinois |
No. of Employees | 33,400 | 74,600 | 28,800 | 27,200 | 21,100 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Merit E. Janow | Chairman | Executive Board | 2022 | 64 |
Michael Miebach | President; Chief Executive Officer; Director | Executive Board | 2021 | 55 |
Sachin Mehra | Chief Financial Officer | Senior Management | 2019 | 52 |
Ed McLaughlin | Chief Technology Officer; President | Senior Management | 2017 | 57 |
Rob Beard | Chief Legal Officer; General Counsel; Head - Global Policy | Senior Management | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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