- Business
- Mastercard Incorporated (MA), a global technology company in the payments industry, provides transaction processing and related payment products and services worldwide, facilitating authorization, clearing and settlement of payment card transactions; it offers value-added services including cyber and intelligence solutions, proprietary consumer and merchant data insights, analytics, loyalty programs, managed services, payment gateways for e-commerce, open banking and digital identity platforms. The company delivers integrated solutions for account holders, merchants, financial institutions, businesses and governments, such as prepaid programs and management services, commercial credit and debit products, deposit account access tools, real-time payments infrastructure, direct debit systems, commercial travel and entertainment cards with expense management via Mastercard Smart Data platform, as well as payment solutions under the Mastercard, Maestro and Cirrus brands. Founded in 1966 and headquartered in Purchase, New York, Mastercard operates in more than 210 countries and territories, serving consumers, fintechs, retailers, restaurants, consumer goods companies and public sector entities through its core payments, commercial offerings and new payment flows. In recent developments, Mastercard agreed in September 2024 to acquire threat intelligence firm Recorded Future for $2.65 billion from Insight Partners, a deal expected to close by the first quarter of 2025 to enhance cybersecurity capabilities; it launched Mastercard Commerce Media for data-driven advertising in collaboration with partners including Citi, WPP, American Airlines and Microsoft, expanded digital identity and cross-border payments via a minority investment in Smile ID and extension of its Corpay alliance to 22 new markets, and in November 2025 secured a new five-year $8 billion revolving credit facility to support general corporate purposes and financial flexibility.