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The Mastercard International Global Headquarters is an office building located at 2000 Purchase Street in the hamlet of Purchase, New York. It was constructed in the early 1980s as part of a movement of large corporations onto suburban estate settings, and has been called the "architectural jewel of Westchester ".
ISO 8583 is an international standard for financial transaction card originated interchange messaging. It is the International Organization for Standardization standard for systems that exchange electronic transactions initiated by cardholders using payment cards.
In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [34]
Mastercard's diluted earnings per share (EPS) rose 17% in 2024. In the past 10 years, it has increased at a compound annual rate of 16.2%. In the past 10 years, it has increased at a compound ...
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters reports.
The settlement is in addition to a 2023 financial $5.54 billion settlement between Visa and Mastercard and 18 million businesses that accepted Visa or Mastercard during a 15-year period up to Jan ...