Mastercard Incorporated (NYSE: MA) is a global technology company that operates a payments network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payment transactions, including credit, debit, prepaid and commercial payments, by providing the infrastructure used to authorize, clear and settle transactions.
Mastercard’s products and services include its Mastercard-branded payment cards, digital payment tools, contactless payment technology and payment solutions for businesses and governments. The company also provides fraud prevention, cybersecurity, identity verification, data analytics, loyalty, consulting and open banking services. Its Mastercard Send platform supports account-to-account and other money-transfer use cases, while its Cirrus network supports global ATM access.
The company traces its history to the Interbank Card Association, formed in 1966. It adopted the MasterCard name in 1979 and became a publicly traded company in 2006, later changing its corporate name to Mastercard Incorporated. Mastercard serves customers and payment participants across numerous countries and regions worldwide. Michael Miebach serves as the company’s president and chief executive officer.
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