MA - Mastercard Incorporated

NYSE - NYSE Delayed Price. Currency in USD
276.25
+2.17 (+0.79%)
At close: 4:02PM EDT

276.00 -0.25 (-0.09%)
After hours: 7:41PM EDT

Stock chart is not supported by your current browser
Previous Close274.08
Open274.55
Bid275.60 x 800
Ask276.25 x 1100
Day's Range273.95 - 278.63
52 Week Range171.89 - 293.69
Volume2,737,902
Avg. Volume3,434,882
Market Cap280.272B
Beta (3Y Monthly)0.86
PE Ratio (TTM)42.62
EPS (TTM)6.48
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & Yield1.32 (0.48%)
Ex-Dividend Date2019-07-08
1y Target Est310.56
Trade prices are not sourced from all markets
  • Mastercard North America President on Apple Card: it’s a good investment for us
    Yahoo Finance Video

    Mastercard North America President on Apple Card: it’s a good investment for us

    Yahoo Finance's Akiko Fujita and Mastercard North America President Craig Vosburg discuss the Apple card, Facebook's Libra and core inflation.

  • Rep. McHenry says Trump is publicly saying what everybody privately grumbles about
    Yahoo Finance Video

    Rep. McHenry says Trump is publicly saying what everybody privately grumbles about

    President Trump attacking the Fed after the ECB cut rates by -0.5 percent. North Carolina Republican Rep. Patrick McHenry said "[Trump's] actually publicly saying what everybody privately grumbles about." He joins Yahoo Finance's Akiko Fujita.

  • Visa’s Investment Shows Plaid Could Replace Libra in Fintech Space
    InvestorPlace

    Visa’s Investment Shows Plaid Could Replace Libra in Fintech Space

    Visa (NYSE:V), seeking entrance into the center of 21st century banking, has joined MasterCard (NYSE:MA) in taking a stake in fintech startup Plaid. Plaid writes application program interfaces that act as the infrastructure beneath bank accounts. This lets it power customer-facing fintech specialists like PayPal's (NASDAQ:PYPL) Venmo, Robinhood, Chime and Betterment.Source: Shutterstock Enabling new banking services could make Plaid a sort of Microsoft (NASDAQ:MSFT) for the fintech age -- an operating system for computerized banking.Plaid has attracted $310 million in financing. Its most recent funding round valued it at $2.7 billion. Other backers include Goldman Sachs (NYSE:GS), Citigroup (NYSE:C) and American Express (NYSE:AXP).InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut it's Visa and MasterCard, which have a joint value of almost $700 billion, that are the real get. They have global scale, brand names and good reputations for security and reliability. Battling AlibabaPlaid is ranked as the eighth largest fintech startup. The list is led by credit card issuer Stripe and includes SoFi, a lender whose name will grace the new Los Angeles football stadium. Fintech companies raised a total of nearly $40 billion last year.Fintech startups are trying to get around the high costs of working with the present banking system. Visa and Mastercard are part of that. But Visa and Mastercard are also trying to get around those costs, seeing the growth of chat-based Chinese payment systems from Alibaba (NYSE:BABA) and Tencent Holding (OTCMKTS:TCEHY). * 7 Momentum Stocks to Buy On the Dip There was an assumption that Facebook's (NASDAQ:FB) Libra -- a cheaper payment system riding on FB's data network -- might be the first to escape the high costs. Both Visa and MasterCard were part of Libra's 28-member founding group announced in June. But there are increasing doubts that financial regulators will allow Libra to launch, as many fear Facebook's size. These regulators seem to have no such fears regarding the payment processors. The Fintech StackThe investment in Plaid, which already serves cryptocurrency companies like Coinbase, brings Visa and MasterCard closer to the new financial world's operating system.Fintech is building a new financial payments stack. Right now, most of the value in the stack is in the loans it creates or the investments it enables. But as the software stack evolves, history shows that it's the company at the bottom of that stack that gains the most power, as Microsoft did starting in the early 1990s.Plaid CEO Zach Perret said his goal is to create a digitized financial system. Visa executive Bill Sheedy said his strategic goal is more important than the financial investment.That strategic goal increasingly looks like a bank. Verifying users and account balances is key to enabling loans, payments and investment -- essentially all the functions of banks like JPMorgan Chase (NYSE:JPM). Visa stock's market cap exceeded that of JPMorgan just in the last year. Many Plaid customers compete directly with banks like JPMorgan. The Bottom Line for Visa Stock and PlaidWhile Visa's payment network has proven to have enormous financial power, it still faces challenges. It can charge merchants up to 3% of a transaction's cost to process through its network. The money is soaked up by processors and banks that are part of the Visa stock network.These payment networks won't work in developing nations. The cost is too high for small merchants to bear. Instead of staying with cash, many are moving to cheaper fintech alternatives that can run through customers' mobile phones.Whether these merchants will stay with Chinese and Indian payment systems, or seek Western alternatives to access Western wallets, remains an open question. The Plaid investment shows just how desperate Visa and Mastercard are to answer that question in the affirmative.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, BABA and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Visa's Investment Shows Plaid Could Replace Libra in Fintech Space appeared first on InvestorPlace.

  • Barrons.com

    Buy Mastercard Stock for Its Strong Profit Growth, Analyst Says

    Mastercard stock will rise due to the payments company’s solid growth prospects, according to J.P. Morgan.

  • Business Wire

    Mastercard Board of Directors Announces Quarterly Dividend

    Mastercard Incorporated (MA) today announced that its Board of Directors has declared a quarterly cash dividend of 33 cents per share. The cash dividend will be paid on November 8, 2019 to holders of record of its Class A common stock and Class B common stock as of October 9, 2019. Mastercard (MA), www.mastercard.com, is a technology company in the global payments industry.

  • Facebook’s Reputation May Cause Libra to Fail
    InvestorPlace

    Facebook’s Reputation May Cause Libra to Fail

    The negative reputation of Facebook (NASDAQ:FB) looks increasingly likely to stifle its efforts to build out the Libra cryptocurrency. Despite having a 28-company consortium behind it and Facebook's efforts to reassure governments that its mobile money complies with regulations, resistance to FB's involvement seems to be hardening.Source: justplay1412 / Shutterstock.com Facebook has created a $533 billion market cap in 15 years, compared to the $378 billion JPMorgan Chase (NYSE:JPM) created in 150 years. FB built its market cap on a network of cloud data centers and free consumer services.A joint statement from French and German regulators seems unequivocal. "We believe that no private entity can claim monetary power, which is inherent to the sovereignty of Nations," representatives from the two nations wrote. European governments say they want a stable cryptocurrency, but only a cryptocurrency that they control.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is Facebook's Libra a Threat to Banking?The Libra Association consists of 28 founding members, including Visa (NYSE:V), Mastercard (NYSE:MA) and PayPal (NASDAQ:PYPL). Those three companies alone have a market cap of over $800 billion. Visa, like Facebook, is worth more than JPMorgan Chase. Payments, traditionally the job of banks, already circulate through dedicated payment networks.In theory, Libra is just a cheaper way of processing transactions. Libra coins would be tied to existing currencies and processed like credit card transactions. But transaction details wouldn't enter the world of "real money," so merchant fees would be eliminated. * 7 Momentum Stocks to Buy On the Dip The problem is that Calibra, a unit of Facebook, would handle the wallets. This seems to be behind government rejection of Libra. Regulators fear that the popularity of Facebook services, which already reach nearly two billion people, would allow it to create its own banking system. U.S. regulators also fear that Libra could be used by terrorists or as a money laundering instrument.Banks, strictly regulated by governments, are not part of the Libra group or process. JPMorgan Chase has its own coin, dubbed JPM Coin, and customer trials are underway. Big traders are getting the benefits of stable coins. Small merchants and consumers are not.Government resistance is spooking some Libra backers, who are thinking of walking away. Facebook, meanwhile, is tired of being the only company sticking its neck out. The Payment World TurnsMeanwhile, the payment world continues to turn.Alibaba (NYSE:BABA) and Tencent Holding (OTCMKTS:TCEHY) already have cost-effective, chat-based payment systems. India's Unified Payments Interface is increasingly popular. Indian mobile wallets, some backed by Alibaba, are accepted by African merchants. European banks are working with these African payment networks rather than rejecting them.Other cryptocurrencies are jumping into the payments space, claiming to be Libra's competitors. None are likely to gain traction, because they lack market penetration. But they could serve as guinea pigs for banks that want to operate cryptocurrency. One, or several, might then be acquired by banks or other payment processors and slowly scaled to compete. The Bottom Line on FB Stock and LibraTransaction processing systems have a First World problem. Their costs are only acceptable in the First World.Many nations can't afford the fees that Visa and Mastercard charge through local banks. Facebook promised such a mechanism to avoid high fees. Facebook has a global, scaled, cloud-based data network on which low-cost transaction processing services could ride. This would in theory allow Visa and MasterCard to compete with the Chinese and Indian payment groups.But Facebook's leadership of Libra frightens governments. Nations see Facebook as a threat to government sovereignty in a way that Visa and Mastercard are not.Before Libra can get going, Facebook may have to take a back seat in its own invention.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in BABA and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Facebook's Reputation May Cause Libra to Fail appeared first on InvestorPlace.

  • Is SQ Stock Ready to Bounce Back?
    InvestorPlace

    Is SQ Stock Ready to Bounce Back?

    Square (NYSE:SQ), the San Francisco based payment processor, had been on a roll. Since its initial IPO in November 2015 with the SQ stock price at $58, investors who got in early rode the price up to over $101 in September 2018. Since then, however, it has been an all-downhill roller coaster.Source: Jonathan Weiss / Shutterstock.com Square stock recently closed back down to the IPO price of $58, and may yet again test its all-time low of $49. The underlying technology for Square stock by all accounts is undoubtedly sound. The market may be cool on SQ stock, but customers like the service.Square has steady increased top-line revenues every year. In fact, from the pre-IPO days of the creation of Square by Twitter (NYSE:TWTR) founder Jack Dorsey back in 2011, revenues have increased more than 15-fold. However, Square stock has yet to generate positive net income.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Tech Stocks You Should Avoid Now As the hard-pressed investors of Uber (NASDAQ:UBER) stock know all too well, dazzling technology and great top-line revenue growth are all swell. But if there is no positive net income in sight and losses keep growing by staggering amounts, there is no reason to hold the stock.Despite robust sales growth, just within days after reporting disappointing second-quarter earnings announced on Aug. 1st, Square stock dropped around 40%. Similarly, the shares of Visa (NYSE:V), MasterCard (NYSE:MA), and PayPal (NASDAQ:PYPL) - comparative payment processors - have also been struggling in the market.When it comes to the tech sector nowadays, investors are getting tired of talk and want to see some beef on the bones in terms of bottom line earnings. Or they vote with their feet.With the massive sell-off in SQ stock, will the bears finally back off?Here are two reasons why Square is now becoming a great value play in the FinTech sector. Free Stock Trades Will Drive New Revenues, Enhance SQ ValuationAccording to a recent report in Bloomberg, Square is in the initial stages of testing a new feature allowing users of its Cash App service to buy and sell listed U.S. equities for free. A free stock trading functionality would put Square into direct competition with Robinhood, an online broker launched as a smartphone app in 2014. Backed by the venture capital firm Sequoia Capital, Robinhood is valued at approximately $7.6 billion.Many skeptics will wonder what the point is about spending heavily to launch and maintain a free service. As many analysts of the online brokerage wars know all too well, free stock trades are akin to a bar offering free salty peanuts to customers. After eating the free peanuts, those customers soon pony up the cash to buy expensive drinks. The trading of stocks may be free, but everything else comes at a price.Robinhood, for example, will charge a premium for offering investors telephone advice, foreign stock transactions, interest on uninvested cash holdings, as well as interest on margin loans. Robinhood will also sell to a captive market other high margin financial products such as credit cards, insurance and auto loans. Similarly, for Square, offering users free stock trades will attract more users and drive more volume and thus revenues to their payment processing services.Offering free stock trades will not be the first free service for Square. In their recent earnings statement, Square noted that they offer their existing Cash App clients peer-to-peer cash transfer service for free as a marketing tool to drive new business. SQ Is Best in Class Infrastructure - And Getting BetterMobile payments processing is still a nascent industry just at the beginning of growth. According to the consulting firm McKinsey, the global payments industry is a $1.9-trillion business. Much like Amazon (NASDAQ:AMZN) and Twitter in the early years, Square admittedly is less concerned with profitability and far more concerned with building their engineering platform to compete and win in the market against the giants of the financial services industry.According to the most recent earnings release for the second quarter of 2019, product development expenses for Square stock were $174 million in the second quarter of 2019, up 52% year-over-year. This increase was driven primarily by costs related to engineering, data science, and technical design.In short, Square is spending heavily on technology to out-build and beat the competition for the future of the industry. Bottom Line on SQ StockThere is certainly no shortage of deep-pocketed competitors in the payment processing business. In fact, recent months have seen Facebook (NASDAQ:FB) and JP Morgan Chase (NYSE:JPM) announce major new investments in their payment solutions offering.Yet, Square stock has been showing a decent support level at the $50 to $52 range. Square stock represents a proven and solid value play in what is usually a risky and overvalued FinTech sector.At the time of writing, Theodore Kim, CFA, holds no position in any of the stocks mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Is SQ Stock Ready to Bounce Back? appeared first on InvestorPlace.

  • Benzinga

    Meet MyGini: A White Label App For Loyalty Programs

    Benzinga is highlighting nominees for the fifth annual Benzinga Fintech Awards ahead of the event on Nov. 19 in New York City.  The Company MyGini is a payments and shopping app that is bridging the gap ...

  • S&P 500 buybacks decline significantly in Q2 2019; expenditures still remain higher than the pre-2018 levels
    PR Newswire

    S&P 500 buybacks decline significantly in Q2 2019; expenditures still remain higher than the pre-2018 levels

    - Q2 2019 share repurchases were $164.5 billion - 20.1% lower than Q1 2019, 13.7% lower than Q2 2018, and 26.2% lower than the record Q4 2018. - Apple continues to lead, spending $18.2 billion - down from ...

  • Business Wire

    Mastercard and Bank of America Launch Third Annual Grow Your Biz Contest

    Seventy percent of mentored small businesses survive past the five-year mark—nearly twice the rate of non-mentored businesses [1]. As part of a shared commitment to empower small businesses, Mastercard and Bank of America are announcing the third annual Grow Your Biz Contest, which calls on small business owners to pitch their business growth plans for the opportunity to win $25k and business consultation with industry experts [2]. “We’re excited to partner with Mastercard for the third year of this contest and look forward to working with creative and passionate business owners from all over the country,” said Sharon Miller, head of Small Business, Bank of America.

  • Reuters

    Fintech company Plaid discloses investments from Visa, Mastercard

    The fintech startup, whose technology lets people connect their bank accounts to mobile apps like Venmo, did not disclose the size of Visa and Mastercard's investment in a statement announcing the deal. "Financial services is in the midst of a digital revolution, led by the fintech market," Zach Perret, Plaid's chief executive officer, said in the statement.

  • Facebook Faces EU Scrutiny, France & Germany to Block Libra
    Zacks

    Facebook Faces EU Scrutiny, France & Germany to Block Libra

    Facebook's (FB) Libra cryptocurrency is facing enhanced scrutiny from central bankers and government regulators, worldwide.

  • Visa Allows Real-Time Insurance Claim Payout Via Visa Direct
    Zacks

    Visa Allows Real-Time Insurance Claim Payout Via Visa Direct

    Visa (V) via its platform Visa Direct enables real-time insurance claim disbursements to claimants' bank accounts.

  • MasterCard (MA) Stock Moves -0.02%: What You Should Know
    Zacks

    MasterCard (MA) Stock Moves -0.02%: What You Should Know

    MasterCard (MA) closed the most recent trading day at $276.34, moving -0.02% from the previous trading session.

  • Benzinga

    The Cannabis Company Backed By Jay-Z And Joe Montana Gets New Execs, Board Members

    Caliva, one of the largest vertically integrated cannabis companies in California, announced this week it has added a new board member, Jeffry R. Allen, and three new executive team members: Joseph Sequenzia, ...

  • Mastercard announces blockchain cross-border payment partnership with R3
    Decrypt

    Mastercard announces blockchain cross-border payment partnership with R3

    Visa made a similar announcement this week

  • Visa Closes Verifi Buyout to Deal With Chargeback Issues
    Zacks

    Visa Closes Verifi Buyout to Deal With Chargeback Issues

    With the buyout of Verifi, Visa (V) intends to reduce chargeback to lessen fraud and risks involved in payments via cards.

  • This Payments Stock Jumps As It Takes Big Step Into Vast New Market
    Investor's Business Daily

    This Payments Stock Jumps As It Takes Big Step Into Vast New Market

    Mastercard has unveiled a service to cement its lead position in the nascent business-to-business payments market.

  • 3 Fallen Angel Stocks to Buy Before They Fly Again
    InvestorPlace

    3 Fallen Angel Stocks to Buy Before They Fly Again

    For the last few days the stock markets have been healthy. Sentiment has taken a turn to positive and it's like nothing bad is ever going to happen again. Just yesterday the indices rallied through incredible levels especially in small cap stocks. So there's no doubt that there are stocks to buy here.Today we discuss three high-profile stocks to buy: Visa (NYSE:V), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT). These are fallen angels stocks because they have recently corrected off of their highs just when they looked like their rallies would never end. * 10 Battered Tech Stocks to Buy Now The time frames differ among them, but the concept remains the same. They were headed to the moon, then they tripped. So now the opportunity is to pick the right level to buy these stocks. All three management teams are impeccable and they rarely falter on their own. So the bullish thesis for all three AMZN, MSFT and V assumes that markets in general are not going to crash any time soon.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Microsoft (MSFT)It's hard to call MSFT stock a fallen angel stock because it's still up 34% year-to-date and it's only 5% off of the highs. Nevertheless, it has had a tough time in the last trading week, and what makes it interesting is that it did this while the equity markets were rallying hard.Normally, this raises an alarm and causes me to look into weaknesses which would bring sustained selling. But that's not the case here. This is a proven company who is merely having a normal price action give-and-take inside a very healthy ascending trend.Fundamentally MSFT is not cheap since it sells at 29 trailing price-to-earnings ratio and 8 times sales. But this is a company that deserves the benefit of the doubt so it is possible that they deliver strong growth to justify the higher valuations.This is all to say that Microsoft stock is not cheap but it still is a good one to own for the long term. So these dips are normal and should not cause a panic out of the stock.Technically, the zone around $130 per share is pivotal for MSFT stock. This was resistance in April, then a break out in June, and then a successful test for support in early August when markets fell in fear of the 10% additional tariffs tweet. So clearly the bulls earned the right to use it that support.Knowing this, makes it possible for the buy-programs to prevail over the bears in the battle over MSFT for as long as the equity markets are healthy. If I own shares, I don't panic out of them on these dips. Moreover, if I want to own some for the future then this is as good a time as any to start a position there.Alternatively I can use options to sell puts or spreads below said support to generate income without needing rallies. For this, it is important to note that if stocks correct this year from geopolitical risk, then Microsoft stock is vulnerable to a 12% correction. Visa (V)V stock is in a similar situation to that of Microsoft. It's a proven winner that was seemingly rallying to the moon without interruption. But then in the last few days, it fell 6% while the general markets are up big.Here too, the drop is not a reflection on Visa itself but rather part of normal price action. For the longest time credit card stocks with a presence in the fintech space like Visa and MasterCard (NYSE:MA) have been darlings because the investment dollars allotted to bet on financials shied away from buying money-center banks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM). Instead they piled into fintech.However the recent rally in yields caused a frenzied wave of buying the traditional banks and money has to come from the same bucket. So there is a rotation out of winners like V stock into laggards. The opportunity here is that rotations are usually temporary. Meaning the dip in Visa stock should be a buying opportunity.Just like Microsoft, Visa is not cheap. It sells at 35 trailing P/E and 18 times its sales. But this alone is not cause for alarm because that's how it's always been. So unless the bears have developed sudden incredible fortitude, I bet that the selling will abate soon.Technically, Visa stock should have support around $172 per share. Moreover there is bigger support from pivotal zones at $165 per share. So if I owned shares I don't panic yet. If seeking a long entry with room to spare, I like to sell puts into support zones on bad days to generate income as long as I can gauge the risk. * 10 Healthcare Stocks to Buy Despite the Headlines Visa stock is 7% off its highs, so if I sell a put in V stock at $160 per share I would own it after a 15% correction. This is a risk I can tolerate and I bet would be a fruitful one. I should know that there is short-term risk looming. if Visa falls below $183.75, it could invite sellers to $168 per share. Amazon (AMZN)I cannot write about potential upside of fallen angels stocks without including the biggest momentum story of all time. AMZN stock is one that has been in the news for decades. It draws critics and fans in droves and is subject to many a heated debate.After the May correction, Amazon stock made a nice recovery but it gave almost all of it back. And it now sits 10% lower than the July highs. The size of the moves in Amazon stock should never surprise investors. This is the mother of all momentum stocks and when it moves, it does it fast and long. So it is best to wait for confirmation of breakouts in either direction before trading it.Short term, Amazon stock rallies if above $1,853 per share, and could even recover what they lost since July. There will be resistance points along the way so it won't be easy. Conversely, if it falls below recent support near $1,740 then they could extend the correction down to $1,600 per share.In essence, the battle is between completing an ABC technical move lower or establishing a base for a rebound rally to breakout from the necklines above. Meanwhile, the AMZN stock is ping-ponging inside a tight range and I should chase the break out of either sides. I personally favor the upside potential for as long as the markets in general are healthy.For those thinking of turning this into an investment, Amazon is a safe bet in the long run in spite of its high valuation. It sells at 75 trailing P/E but only 3.4 x sales. So as long as they are delivering growth, a high P/E is a prerequisite. You have to spend a lot in order to grow a lot.We still have the same geopolitical risks we had when we first started this correction. So we are one headline away from rekindled panics. This is all to say that traders shouldn't take giant positions all at once with great conviction because we have are still hostage to headlines. The best homework can be obliterated short-term by silly headlines. So I don't risk what I cannot afford to lose.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 3 Fallen Angel Stocks to Buy Before They Fly Again appeared first on InvestorPlace.

  • Investing.com

    Mastercard Rises 3%

    Investing.com - Mastercard (NYSE:MA) rose by 3.12% to trade at $278.38 by 10:20 (14:20 GMT) on Thursday on the NYSE exchange.

  • Zacks

    Mastercard Ties Up With R3 to Ease Cross-Border Payments

    Mastercard (MA) partners R3 to launch a blockchain-enabled cross-border payments solution that will facilitate better services to customers.

  • Benzinga

    'Fast Money' Traders Advise Their Viewers On Mastercard, Caterpillar And More

    Joe Terranova said on CNBC's "Fast Money Halftime Report"  he has a long position in Mastercard Inc (NYSE: MA ) and he would stay with it. He sees it as a global payments leader, a great story ...

  • Mastercard gets more serious about commercial payments with new offering
    MarketWatch

    Mastercard gets more serious about commercial payments with new offering

    Mastercard Inc. is stepping up its efforts in commercial payments, announcing its new Mastercard Track Business Payment Service in conjunction with its investor day on Thursday.

  • Business Wire

    Mastercard™ Track to Modernize $125 Trillion Global B2B Payments Market

    Mastercard TrackTM Business Payment Service is the first global open-loop commercial service built to simplify and automate payments between the world's suppliers and buyers. Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Mastercard (MA) today unveiled its plans to modernize the business-to-business (B2B) payment ecosystem with Mastercard TrackTM.