Mastercard

MasterCard Worldwide is a multinational corporation based in Purchase, New York, in the United States. This company's business is to make payments between the buyer's and seller's banks using "MasterCard-branded debit and credit cards for purchases. Since 2006, MasterCard Worldwide has been a publicly traded company. MasterCard Worldwide has been a membership organization owned by the 25,000+ financial institutions that issue its cards since its initial public offering.

Mastercard grants licenses to banks all over the world for the production of their cards and the hiring of contractors. (acquiring licenses). Mastercard is accepted by nearly 35 million contracting businesses, and there are approximately a million cash payment offices worldwide. (as of 2014).

Mastercard's market capitalization is $332.98 billion as of March 2023. By market capitalization, this places Mastercard as the 20th most valuable company in the world. According to Mastercard's most recent financial reports, the company's current revenue (TTM) is $22.23 billion. In 2021, the corporation generated $18.88 billion in revenue, up from $15.30 billion in 2020.

Founded: 1966

Headquarters: 2000 Purchase Street, Purchase, New York, U.S.

Website: mastercard.com