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.

Mastercard Explores Cryptocurrency Refunds in Its New Patent Application
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.

Enterprise Ethereum Alliance Announced 34 Additional Members
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.

UK Fintech Startup Curve Launches ‘Financial Time Travel’ for Your Credit and Debit Cards
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.

Mastercard Unveils New Credit Card with a Built-in Fingerprint Scanner
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.

Android Pay Adds Support for 31 New US Banks, While Samsung Pay to Launch in India
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.

Visa and Mastercard Team Up to Accelerate the Adoption of Tokens to Benefit Merchants and Consumers
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.

Look Out Visa, Mastercard Releases Blockchain APIs
October 31st, 2016

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

Mastercard’s Biometric Authentication App ‘Selfie Pay’ Comes to Europe [Infographic]
October 6th, 2016

The world’s leading payments company has announced the launch of its Identity Check Mobile service in European countries to allow customers pay with a fingerprint or selfie.

Stripe Launches Instant Payouts for Marketplaces Through Partnership with Mastercard and Visa
September 19th, 2016

Since today marketplaces using Stripe Connect will be able to send instant payouts to sellers.

Facebook Adds Paypal, Stripe and Other Payments Processors to Messenger Chatbots
September 13th, 2016

On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.

MasterCard’s ‘Fare Free Mondays’ Promo is Back for Apple Pay Users in London
February 26th, 2016

The giant credit cards company has relaunched its service that will let people, using London’s public transport, get a discount for their trips.

MWC 2016: Mastercard Wants You to Pay with a Selfie ID Checks
February 23rd, 2016

Mastercard has claimed it will allow making online purchases with the use of a face photo or a fingerprint scan.

JetBlue Adding MasterCard’s MasterPass to Make Booking Travel Even Easier
January 27th, 2016

MasterPass is an easy and reliable tool for online shopping from anywhere globally.