on Aug19

Short description of MasterCard

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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