Mastercard

MasterCard Incorporated is an American multinational financial services corporation headquartered in the MasterCard International Global Headquarters, Purchase, New York, United States, in Westchester County. Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the “MasterCard” brand debit and credit cards to make purchases. MasterCard Worldwide has been a publicly traded company since 2006.

MasterCard, originally known as Interbank/Master Charge, was created by several California banks as a competitor to the BankAmericard issued by Bank of America, which later became the Visa credit card issued by Visa Inc. In 2010, MasterCard expanded its e-commerce offering with the acquisition of DataCash, a UK-based payment processing and fraud/risk management provider.

In 2012, MasterCard announced the expansion of its mobile contactless payments program, including markets across the Middle East. In 2014 MasterCard teamed with Apple, to incorporate a new mobile wallet feature into Apple’s new iPhone models, enabling users to more readily use their MasterCard, and other credit cards.

September 3rd, 2018

The world’s most populous country has filed a prevail number of blockchain patent applications leaving the U.S. a poor second in the race for technology dominance.

July 26th, 2018

Ajay Banga, the leader of the multinational financial services corporation, made a number of critical statements on the cryptocurrency. But the logical reasoning backed with striking examples provokes thoughts on the main concepts of the crypto sphere.

July 18th, 2018

Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.

August 4th, 2017

Mastercard has filed new patent application with set of functions indicating its intention to explore ways to build refund services for cryptocurrency users.

July 19th, 2017

The new members of the consortium include payments giant Mastercard, technology conglomerate Cisco Systems, as well as the state of Andhra Pradesh in India.

July 6th, 2017

Curve provides one card that can aggregate all of their existing Mastercard and Visa payment cards and lets you retroactively switch the card you use to pay.

April 20th, 2017

On Thursday, the credit card provider announced a new biometric card that will let users to complete transactions without entering their personal identification number.

March 2nd, 2017

Android Pay is expanding its support in the United States, while South Korean electronics giant Samsung is preparing to launch its mobile payment platform in India.

December 15th, 2016

Two leading debit card providers have announced a reciprocal agreement that will let companies use each other’s tokenized credentials to ensure secure payments.

October 31st, 2016

Mastercard demonstrates its interest in the distributed ledger technology adding three blockchain APIs to its developer site.