Mastercard Incorporated

About Mastercard Incorporated

Mastercard Incorporated is an American multinational payment-technology company headquartered in Purchase, New York. The company operates the Mastercard payments network, one of the largest global card-payment processing networks, and provides a wide range of payment-related products and value-added services to consumers, financial institutions, merchants, governments, and businesses. The company's origins date to 1966, when a group of California banks formed the Interbank Card Association as a competitor to BankAmericard. The brand was renamed Master Charge in 1969 and became MasterCard in 1979. The current corporate entity, Mastercard Incorporated, was formed ahead of its 2006 initial public offering on the New York Stock Exchange, where it trades under the ticker symbol MA. Mastercard is a constituent of the S&P 500 and Dow Jones Industrial Average. Mastercard's core business is the authorisation, clearing, and settlement of card payments across more than 210 countries and territories, denominated in over 150 currencies. The company has expanded into account-to-account payments and open-banking through Vocalink, Nets account-to-account, Aiia, and Finicity; into cyber-and-intelligence services with NuData and RiskRecon; and into data and analytics through its Mastercard Advisors and Test & Learn businesses. Mastercard operates technology and operations hubs across the world, including major centres in O'Fallon, Vancouver, Dublin, Sydney, and Pune. Its India operations include the Mastercard Tech Hub in Pune and offices in Mumbai, Gurugram, and Bengaluru. Indian fresher and early-career hiring at Mastercard typically targets software-engineering, data-engineering, cybersecurity, product-management, and consulting roles, with applications routed through careers.mastercard.com.

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