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Mastercard Incorporated (MA), headquartered in Purchase, New York, provides transaction processing and other payment-related products and services. Valued at $482.9 billion by market cap, the company offers payment processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.
Companies worth $200 billion or more are generally described as “mega-cap stocks,” and MA definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the credit services industry. The leading global payment solutions company provides an array of services in support of credit, debit, mobile, web-based and contactless payments, and other related electronic payment programs to financial institutions and other entities, licensing payment card brands including MasterCard, Maestro, and Cirrus.