Company Description
Mastercard, Inc. (MA) is a technology company in the global payments sector. Mastercard partners with financial institutions to issue Mastercard branded cards (generally co-branded with the issuing financial institution) that are processed through the Mastercard payments network.
In this operating model, Mastercard has no exposure to a breakdown in the credit process of the consumer or the corporate using the card. This risk is borne by the issuing financial institution.
Mastercard predominantly makes its revenues by charging a fee for every transaction flowing through its network, but it also has a growing services