Mastercard

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.