PayLens /Companies

Mastercard Inc

Card scheme

USUSFounded 1966
Revenue
$32.8Bas of 2025-12
Employees
39,800
Runs
Mastercard
Headquarters
Purchase, New York, US

What it does

Describes itself as a technology company in the global payments industry, running the four-party network that links issuers and acquirers and switching authorisation, clearing and settlement in more than 150 currencies across more than 220 countries and territories. It states it does not issue cards, extend credit, or set the rates acquirers charge merchants.

Deals

  • Aug 2019·acquired Nets Corporate Services — Mastercard agreed to buy most of Nets' Corporate Services business for €2.85B; the European Commission cleared it with conditions in August 2020 and Nets completed the sale in March 2021.
  • Jul 2016·acquired VocaLink — Mastercard agreed to buy 92.4% of VocaLink, which runs the UK's Bacs, Faster Payments and LINK ATM infrastructure, for about £700M after cash and certain liabilities, with up to £169M more on performance targets. The selling banks kept 7.6% for at least three years.
1tracked executive
Who runs it

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