Mastercard (NYSE: MA) provides a range of payment solutions and services through the Mastercard, Maestro, and Cirrus brands and is the second-largest global payment-processing company (2023). The company has been listed on the NYSE since 2006. Mastercard generated revenue of USD 25.1 billion in 2023.
Mastercard reports results under two operating segments: Payment network (~63% of total revenue in 2023) and Value-added services and solutions (~37%). Payment network generates revenue by charging fees from customers for providing switching (authorize, clear, and settle transactions) and other network-related services. Value-added services and solutions include cyber and intelligence, data and services, and processing and gateway solutions.
The company commits to reach net-zero emissions by 2040.
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