US57636Q1040 - Common Stock
MASTERCARD INC - A
NYSE:MA (12/26/2024, 7:00:00 PM)
After market: 536.15 0 (0%)536.15
+0.44 (+0.08%)
Mastercard, Inc. is a technology company, which engages in the provision of payment solutions for the development and implementation of credit, debit, prepaid, commercial, and payment programs through its brands including Mastercard, Maestro, and Cirrus. The company is headquartered in Purchase, New York and currently employs 33,400 full-time employees. The company went IPO on 2006-05-25. The company allows users to make payments by creating a range of payment solutions and services using its brands: MasterCard, Maestro and Cirrus. The company enables a variety of payments capabilities (including products and value-added services and solutions) over its multi-rail network among account holders, merchants, financial institutions, businesses, governments and others, offering customers one partner for their payment needs. Its products include consumer credit, consumer debit, prepaid, B2B accounts payable, commercial point of sale, disbursements and remittances, and others. The company offers additional payment capabilities that include automated clearing house (ACH) transactions (both batch and real-time account-based payments). The company also offers other services, such as cyber and intelligence solutions.
MASTERCARD INC - A
2000 Purchase St
Purchase NEW YORK 10577
P: 19142492000
CEO: Michael Miebach
Employees: 33400
Website: https://www.mastercard.us/
Dow Jones Industrial Average finishes up 0.1 per cent at 43,325.80.
Holiday retail sales rose 3.8% year-over-year, topping earlier estimates with a boost from online shopping, according to Mastercard.
A new Mastercard report shows consumers spending remains robust, despite inflation
US retail sales increased more than expected during the holiday season and came in above last year's
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas.
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