Mastercard MA

Mastercard Incorporated is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York. The firm’s products include consumer credit and debit cards, prepaid cards and commercial credit and debit products. The firm was founded in 1966.

The firm operates as a global payment technology company engaged in the provision of financial solutions which are offered to consumers, businesses, merchants, issuers and governments. The company operates internationally, covering more than 210 countries and territories around the world. The firm allows users to make payments through a wide range of payment solutions and services. Mastercard Inc operates a number of major brands, which include MasterCard, Maestro and Cirrus.

The firm also provides integrated offerings such as cyber and intelligence products, information and analytics services, identity verification services, consulting, loyalty and reward programs, payment processing and open banking. In November 2021 the firm’s Board of Directors announced the launch of a new Share Repurchase Program allowing the company to repurchase up to $8 billion of its Class A common stock. The firm trades on the NYSE where it is listed under the stock ticker MA.

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