Company

Mastercard

Official Name: Mastercard Incorporated

Headquarters: Purchase, NY, United States

Founded: 1966

Employees: 24,000

CEO: Mr. Michael Miebach

NYSE: MA +0.05%

Market Cap

$392.71 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Mastercard Incorporated is a multinational financial services corporation. It is primarily involved in the processing of payments between the merchants' banks and the card-issuer of customers using a Mastercard brand debit, credit, or prepaid card to make purchases.

Mastercard market capitalization over time

Evolution of Mastercard Incorporated market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Mastercard Incorporated

Detailed Description

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services. The company offers integrated products and value-added services for account holders, merchants, financial institutions, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts. It also provides value-added products and services comprising cyber and intelligence solutions for parties to transact, as well as proprietary insights, drawing on principled use of consumer, and merchant data services. In addition, the company offers analytics, test and learn, consulting, managed services, loyalty, processing, and payment gateway solutions for e-commerce merchants. Further, it provides open banking and digital identity platforms services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Top 1-year algo backtest: +298.72%

$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Mastercard Incorporated has the following listings and related stock indices.


Stock: NYSE: MA wb_incandescent

Stock: FSX: M4I wb_incandescent

Product & Services

Credit cards, payment systems

Key People

Ajay Banga (Executive Chairman) Michael Miebach (President and CEO)

Financials

Revenue: US$18.88 billion (2021)

Operating income: US$10.08 billion (2021)

Net income: US$8.69 billion (2021)


Total assets: US$37.67 billion (2021)

Total equity: US$7.38 billion (2021)

Details

Headquarters:

2000 Purchase Street

Purchase, NY 10577

United States

Phone: 914-249-2000