Mastercard

MasterCard is a global technology company that offers a wide range of payment transaction processing. For many years, MasterCard has made payments simple and safer, which facilitates Electronic Funds Transfers (EFTs). Mastercard acts as the mediator between financial institutions and businesses and also supports payment processing by authorizing, settling, and clearing transactions.  Mastercard works with governments and businesses around the world to help improve the lives of the wide range of people they serve. 

Company Details

• Founders: Michael Miebach (CEO), Sachin Mehra (CFO), Raja Rajamannar (CMO), and Ed McLaughlin (CTO) 
• Founded year: 1966

Services offered : 

• Offers credit, debit, and prepaid cards and payment solutions for personal and business use.
• Fast and secure tap-to-pay technology.
• Integration with mobile wallets like Apple Pay and Google Pay.
• Security Solutions for Fraud detection and prevention tools.
• Rewards and offers for cardholders.
• Global Payment Network for seamless international transactions.
• Programs supporting wider access to financial services.

FAQ's

1. Is Mastercard debit or credit?

   It provides both credit cards as well as debit cards.