Mastercard

Mastercard is a global technology company in the payments industry, facilitating electronic funds transfers worldwide, primarily through its branded credit, debit, and prepaid cards. The company generates revenue by charging fees to financial institutions based on transaction volume, the number of cards issued, and other services. Founded in 1966 as Interbank Card Association, it rebranded to Mastercard in 1979 and has since been at the forefront of payment innovation, including the development of contactless and mobile payment solutions.

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