MasterCard (formerly Interbank Card Association) provides payment processing products and solutions, and related consulting services. It serves consumers and businesses in the United States and internationally.
The company offers credit, debit, prepaid, personal, commercial, chip, and contactless cards; loyalty and reward solutions; and cardholder benefits and services. It also provides payment processing solutions; and payment security and fraud management solutions to monitor, detect, and fight fraud through the transaction lifecycle. In addition, it offers payment-focused consulting, information, and outsourcing services to financial institutions and merchants; and franchising activities.
MasterCard was founded in 1966 and is headquartered in Purchase, New York with offices in Singapore, Australia, China, the United Arab Emirates, Egypt, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Morocco, New Zealand, the Philippines, South Africa, Taiwan, Canada, Czech Republic, Germany, Greece, Hungary, Ireland, Italy, Poland, Portugal, Romania, the Russian Federation, Spain, Sweden, Switzerland, Turkey, the United Kingdom, Argentina, Brazil, Colombia, Peru, and Venezuela.