Here are a few of the most interesting Mastercard statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Mastercard Facts
Here is pretty much everything you ever wanted to know about Mastercard.
Mastercard is a global financial services company that operates a network of electronic payment processing services. The company was founded in 1966 and is headquartered in Purchase, New York.
Mastercard provides a range of products and services related to electronic payments, including credit and debit card processing, prepaid cards, loyalty programs, and fraud detection and prevention services. The company partners with financial institutions and merchants around the world to enable secure and convenient electronic payments.
Mastercard’s network connects millions of merchants and cardholders globally, allowing for seamless transactions across different currencies and payment methods. The company also offers a range of digital payment solutions, including Masterpass, a digital wallet that allows users to store payment information and make payments online and in-store.
As a global leader in electronic payments, Mastercard has played a key role in the development and adoption of new payment technologies, such as contactless payments, mobile payments, and biometric authentication. The company has also invested in social impact initiatives, including financial inclusion programs that aim to provide greater access to electronic payments and financial services for underserved populations.
Mastercard History:
1966: A group of banks forms the Interbank Card Association (ICA), laying the foundation for Mastercard.
1969: The ICA introduces “Master Charge: The Interbank Card,” establishing a national brand to compete with BankAmericard (now Visa).
1979: “Master Charge” is rebranded as “MasterCard,” reflecting its commitment to evolving payment methods.
1983: Mastercard becomes the first payment card to incorporate a hologram as a security feature.
1985: Mastercard acquires the Cirrus ATM network, expanding its global reach.
1997: The “Priceless” advertising campaign is launched, becoming one of the most recognizable in marketing history.
2002: Mastercard merges with Europay International, enhancing its presence in Europe.
2006: Mastercard transitions to a new corporate governance structure and begins trading on the New York Stock Exchange under the ticker symbol MA.
2010: Mastercard acquires DataCash, a UK-based payment processing and fraud/risk management provider, to expand its e-commerce offerings.
2014: Mastercard acquires Australia’s leading rewards program manager, Pinpoint, to strengthen its loyalty and rewards services.
2016: Mastercard unveils a new logo and drops the capital “C” in its name, rebranding as “mastercard.”
2019: Mastercard removes its name from its logo, leaving just the iconic overlapping circles.
2021: Mastercard announces plans to support select cryptocurrencies directly on its network, signaling a move into digital currencies.
2022: Mastercard suspends all business operations in Russia in response to geopolitical events, impacting 4% of its revenue.
2024: Mastercard acquires cybersecurity company Recorded Future for $2.65 billion, enhancing its cybersecurity capabilities.
Please note that some of these numbers are easier to find than others. A few of these Mastercard statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other site is DisneyNews.us.
Mastercard is a global financial services company that operates a network of electronic payment processing services. The company was founded in 1966 and is headquartered in Purchase, New York.