Mastercard is a global payments technology company that connects consumers, businesses, merchants, issuers, and governments to enable electronic payments. It operates the world's fastest payments processing network, linking consumers, financial institutions, merchants, governments, and businesses in more than 210 countries and territories.
Description: Mastercard Incorporated is a multinational financial services corporation headquartered in Purchase, New York. Founded in 1966 as the Interbank Card Association, it later became Mastercard Worldwide. The company facilitates electronic funds transfers throughout the world, most commonly through credit, debit, and prepaid cards. Mastercard's payment network processes transactions in over 150 currencies and is accepted in more than 210 countries and territories. The company has evolved from a card issuer to a technology company, offering services in data analytics, cybersecurity, and digital identity. Mastercard is a component of the S&P 500 and is one of the most valuable companies in the world by market capitalization.
Established / Launched: 1966
Founder / Issuer: Interbank Card Association (now Mastercard)