Mastercard Incorporated
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About
Mastercard Incorporated is a global technology company in the payments industry. The company connects consumers, financial institutions, merchants, governments, and businesses worldwide through its electronic payment processing network. Mastercard's network processes transactions in more than 150 currencies and operates in over 210 countries and territories. Like Visa, Mastercard operates as a payment technology company rather than a card issuer, earning revenue through transaction fees, services, and data analytics. The company has been expanding beyond traditional card payments into areas like real-time payments, open banking, digital identity, and cybersecurity solutions. Founded in 1966 as a cooperative of banks under the name Interbank Card Association, Mastercard went public in 2006 and is headquartered in Purchase, New York.