MasterCard
Company
At checkout, more wasy to avoid cash or plastic...PayPal President Scott Thompson said. Big credit card companies also have been working on ways to use the Web and mobile phones to pay. MasterCard partnered with a startup called Obopay to make it possible for people to transfer money... In this article: Obopay, Visa, MasterCard, and Malaysia |
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Fool.com: The Motley Fool | 19 hours ago
Better Buy: MasterCard or American Express?
In a new Motley Fool series, we pit two stocks against each other on five criteria to determine the better buy. Today's matchup is MasterCard (NYSE: MA) vs. American Express (NYSE: AXP). Using five short-of-scientific-but-carefully chosen...
In this article: American Express, NYSE, Discover Financial Services, India, Balance sheet, Revenue, Visa, and Wall Street
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USATODAY.com | 2 days ago
Salvation Army kettles can now accept credit cards
...she said. Andrea Murphy of Garner, N.C., noticed right away the sign above the red kettle was different, offering a choice of Visa, MasterCard or American Express. "I think it's cool," but she prefers to give cash, she said. The...
In this article: The Salvation Army, Debit card, Christmas Eve, Visa, and USA Today
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washingtonpost.com | November 19, 2009
GAO says a law limiting A A swipe fees' could be costly to credit 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 would benefit...
In this article: Government Accountability Office, Visa, Revenue, Goods and services, National Retail Federation, Peter Welch, and United States
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Web Wire | November 19, 2009
DnB NOR Partners with MasterCard to Launch Mobile Payment Services Trial in Norway
...financial services, announced today its plan to launch a mobile payment services trial for its MasterCard cardholders. Using the MasterCard Mobile Over-the-Air Provisioning Service, the first service of its kind that enables issuers to...
In this article: Mobile payment, NFC, Norway, and Web-based
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Centre Daily Times | November 19, 2009
NovoPayment Awarded MasterCard Principal Member Status
...of Tebca and Servitebca, announced today that it has been granted a Principal Member license by MasterCard Worldwide for the issuance of MasterCard prepaid cards in the region, making it MasterCard's first non-traditional institution in...
In this article: Latin America, Miami, Florida, Venezuela, Mexico, Peru, and Peer-to-peer
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Miami International Airport, ACS and MasterCard Worldwide Enhance Speed, Convenience of Airport Parking with MasterCard® PayPassTM Contactless Payments
...more information about MasterCard PayPass and a full list of participating merchants, visit www.mastercard.com/paypass. About MasterCard Worldwide MasterCard Worldwide advances global commerce by providing a critical economic link among...
In this article: Miami International Airport, Revenue, New York Stock Exchange, Business process outsourcing, Private Securities Litigation Reform Act of 1995, Petco, Best Buy, and 7-eleven
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PR Newswire: Multicultural News | November 16, 2009
MasterCard Worldwide to Strengthen Global Economic Connections with MoneySend Platform
...allowing consumers to conveniently send intra-country person-to-person money transfers using the ATM channel. About MasterCard Worldwide MasterCard Worldwide advances global commerce by providing a critical economic link among financial...
In this article: Punjab National Bank, State Bank of India, World Bank, and Mobile payment
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Computerworld - News, Education & Headlines - Security, Storage & Networking - Information on Hardware, Software for Laptops & Desktops | November 16, 2009
MasterCard to authenticate online transactions by phone
IDG News Service - In the face of mounting threats from hackers, MasterCard said today it will use mobile phones to improve security for online transactions. The added layer of security comes from a one-time password that the user is asked...
In this article: Brazil
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MasterCard Launches MasterCard Mobile Payments Gateway to Spark Mobile Commerce Globally
...Multimedia & Internet, Banking & Financial Services, Telecommunications Industry, New Products & Services MasterCard Launches MasterCard Mobile Payments Gateway to Spark Mobile Commerce Globally Itau Unibanco, Redecard are the...
In this article: Mobile payment, Vivo, Mobile commerce, Brazil, Value chain, Telefonica,, Joint venture, and Acquirer
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Financial Times | November 03, 2009
Mastercard profits boosted by cost cuts
...or $1.48 a share a year before, that stemmed from the settlement of an antitrust suit, the company said on Tuesday in a statement. Mastercard saw some benefits from consumers' continuing shift from cash and cheques to debit and credit...
In this article: US, Revenue, Recession, Africa, and Latin America
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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)
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