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Mastercard Inc., stylized as MasterCard from 1979 to 2016 and as mastercard from 2016 to 2019, is an American multinational payment card services corporation headquartered in Purchase, New York, USA. [3]
Robert W. Selander was the President and Chief Executive Officer of MasterCard until 1 July 2010 when he was succeeded by Ajay Banga. He had held this position since April 1997. [ 1 ] Before that he spent 20 years with Citibank , where he developed their global branch network and managed Citibank’s Diners Club International credit card ...
In May 2006, Mastercard Incorporated held its initial public offering (IPO) that valued it at about US$5.6 billion; [7] as part of the IPO, Mastercard Inc. donated 13.5 million shares, expected to be worth an initial US$600 million (equivalent to US$906.8 million in 2023), to a newly created independent charitable foundation to be named the Mastercard Foundation.
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Over the past three years, Mastercard's (NYSE: MA) stock has rallied by more than 40% as the S&P 500 advanced by about 25%. The payment processing giant impressed investors with its robust growth ...
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
The minimum age to get a credit card is 18 years old, but that comes with a few stipulations thanks to the Credit CARD Act of 2009. If you’re under 21 and applying for a credit card, you’ll ...
The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry.
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