on Aug19

An American multinational financial services company headquartered in Purchase, New York, MasterCard’s primary business is processing payments between merchants and banks. The company was created by a group of California banks as a competitor to BankAmericard, which later became Visa. Along with Visa, it is one of the two most well-known and largest credit and debit card names in the U.S. and has been publicly traded since 2006.

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