MasterCard
Company
Australia's move on credit card fees may have lessons for U.S.Visa, MasterCard and the banks that issue their cards prohibit retailers from charging extra if consumers pay with credit instead of cash, out of fear that more people would use cash if they knew that using plastic would cost more. Where... In this article: Visa, MasterCard, Australia, Qantas, United States, Revenue, 7-eleven, and Debit card |
-
washingtonpost.com | 6 days ago
GAO says a law limiting A A swipe fees' could be costly to credit card users
...card users U.S. consumers may not save money and could wind up paying higher credit card costs if lawmakers force payment networks including Visa and MasterCard to cut fees charged to merchants, a government watchdog said. "Merchants...
In this article: Government Accountability Office, Visa, Revenue, Goods and services, National Retail Federation, Peter Welch, and United States
-
Houston Chronicle | 6 days ago
GAO: Cutting retailers' card fees could hit consumers
...year, according to the National Retail Federation, and accounted for 19 percent of revenue for card- issuing banks on the Visa and MasterCard networks, according to trade magazine Cards and Payments. Fees charged to merchants at the point of...
In this article: Government Accountability Office, Peter Welch, Revenue, National Retail Federation, Visa, Target Corp., and Jpmorgan Chase & Co.
-
SmartMoney.com | November 08, 2009
Credit-Card Companies Charge Higher (Tradecraft)
...higher. Visa (V), American Express (AXP) and MasterCard (MA) notched new yearly highs Monday, despite the dour news that U.S. unemployment hit a 26-year high and the fact that many consumers continue to cut their borrowing. According to...
In this article: Hain Celestial Group, DFS, Visa, American Express, Del Monte Foods, Fresh Del Monte Produce, SJM, Hormel Foods, and General Mills
-
Personal Finance News from Forbes.com | November 03, 2009
Revs And Profit Beat Street, Stock Falls, Priceless
...said that "We don't expect any global economic improvement until sometime in 2010." MasterCard shares fell $7.37, or -3.2%, in morning trading Tuesday. We recently removed shares of MA from our "recommended" list back on Sept. 30, when...
In this article: Stanley Works, Black & Decker, Revenue, and Robert Selander
-
PR Newswire: Multicultural News | November 16, 2009
MasterCard Worldwide to Strengthen Global Economic Connections with MoneySend Platform
...for issuers in the United States. With the new platform, MasterCard participating bank customers in the United States are able to offer Mobile MasterCard MoneySend P2P payments to their customers. In 2008, Punjab National Bank in...
In this article: Punjab National Bank, State Bank of India, World Bank, and Mobile payment
-
Seeking Alpha | November 03, 2009
MasterCard Q3 2009 Earnings Call Transcript
[Fifth Third Bank] is now issuing world debit MasterCard cards which is the only premium debit product in the United States that gives mass affluent consumers access to enhanced rewards, unique offers, and savings opportunities. Fifth...
In this article: United States, Revenue, Wells Fargo, IMF, and Deutsche Bank
-
Cleared for Takeoff ... Locair Set to Fly to the Bahamas
...a day for instant bookings or call 877 FLY 4160 in the US and 800 205 0730 in the Bahamas, between 7:00AM and 10:00PM Eastern during the week and reduced hours on the weekend. We accept American Express, Discover, Mastercard, and Visa payments.
In this article: Tax, The Bahamas, Long Island, Ft. Lauderdale, United States, Fairchild Metro III, and Tampa Bay
Trends
Loading...
More on MasterCard
Description from Wikipedia:
MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, New York, United States. Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its "MasterCard" brand debit and credit cards to make purchases. MasterCard Worldwide has been a publicly traded company since 2006. Prior to its initial public offering, MasterCard Worldwide was a membership organization owned by the 25,000+ financial institutions that issue its card.
It was originally created by Raymond Tanenhaus and Stanley Benovitz, two entrepreneurs in Louisville, Ky, and later sold in 1966 to United California Bank (later First Interstate Bank and subsequently merged into Wells Fargo Bank), Wells Fargo, Crocker National Bank (also subsequently merged into Wells Fargo), and the Bank of California (subsequently merged into the Union Bank of California) as a competitor to the BankAmericard issued by Bank of America, which is now the VISA credit card and issued by Visa Inc.
- Name:
- MasterCard Worldwide
- Type:
- Public (NYSE: MA)
- Location:
- MasterCard International Global Headquarters, Purchase, New York, United States
- Region:
- Worldwide
- Founded:
- 1966
- Stock Symbol:
- MA
- Industry:
- Financial services
- Key People:
-
- Ajay Banga
- Richard N. Haythornthwaite
- Products:
- Payment systems
- Revenue:
- US$4.99 billion (2008)
- Operating Income:
- US$ -534.50 million (2008)
- Net Income:
- US$ -253.91 million (2008)
- Assets:
- US$6.47 billion (2008)
- Equity:
- US$1.92 billion (2008)
- No. of Employees:
- 5,000 (2008)
- Motto:
- The Heart of Commerce
- Market Cap:
- US$27.36 billion (2008)
Explore everything named MasterCard...
