Mastercard
American multinational financial services corporation

Mastercard Inc. (stylized as MasterCard from 1979 to 2016 and as mastercard since 2016) is an American multinational payment card services corporation headquartered in Purchase, New York. It provides payment transaction processing and other related-payment services, including travel-related payments and bookings). Its principal business globally is to process payments between the banks of merchants and the card-issuing banks or credit unions of purchasers who use its branded debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.
Mastercard (originally Interbank, then Master Charge) was created by an alliance of several banks and regional bankcard associations in response to the BankAmericard issued by Bank of America, which later became Visa and remains its biggest competitor. Both companies have faced numerous antitrust lawsuits. Prior to its initial public offering, Mastercard Worldwide was a cooperative owned by the more than 25,000 financial institutions that issue its branded cards.
History
1958–1968: Founding
Although BankAmericard's debut in September 1958 was a failure, it began to turn a profit by May 1961. Bank of America kept this information secret and allowed widespread negative impressions to linger in order to ward off competition.
The public source identifies “Mastercard” as american multinational financial services corporation. This brief keeps that definition visible, then builds a research path around Mastercard, American and multinational.
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Named sources, stable identifiers and responsible institutions provide the strongest route from overview to verifiable evidence. The source revision retrieved here is dated Sep 15, 2026. The linked authority identifier is Q489921. VIAF identifies the subject as 156094705. The Library of Congress control number is n94105244. 3 of 78 selected statements include explicit references; 76 carry qualifiers and 1 use preferred rank. The first chronological checks are 1979, 2016, 2006 and 1958.
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This entry incorporates text from “Mastercard” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.