MIAMI, FLORIDA - February 13, 2017 – The world’s most advanced payments technology company is often mistaken for a bank or credit card company rather than the technology company they actually are. Established more than 50 years ago, Mastercard is changing the way the world makes payments. They connect consumers, merchants, financial institutions, governments and businesses worldwide, through the world’s fastest payments network that allows the use of electronic payments instead of cash and checks.
In more than 150 currencies and 210 countries and territories, Mastercard has a highly secure network that makes electronic payments convenient, efficient and protected for all parties. For cardholders, the brand powers simple and safe payment options in the physical and digital space. For merchants and businesses, it streamlines operations, provides valuable reporting and creates a better customer buying experience through the reduced use of cash. For issuers, they help increase transactions and market share.
Mastercard has evolved to become a driving force in the payments industry, transforming how the world pays and gets paid. The brand’s innovations, whether online, in-store, in-app, or contactless, support opportunities for new payment services and more convenient payment experiences.
Mastercard’s belief in a world beyond cash provides governments with solutions that help reduce costs, gain efficiency, battle fraud and corruption and advance social progress in cities and countries. Moreover, the brand maximizes aggregated, anonymous data to deliver actionable insights. Through Mastercard Advisors, the brand offers unparalleled global consulting advice that can drive revenue growth, marketing efficiencies and business optimization.