MasterCard USA is Associated With and Known as:
MasterCard Incorporation is a well known financial service provider in the United States. The main operation of the bank is to process the payment between the merchants and the card issuing bank, credit unions etc. Initially it was owned by More Than twenty five thousands banks, which provide its branded cards to the customer. The Company became a public company in the year of 2006. The Headquarters of the company is located in New York, United States and Global Operations Center is located at O'Fallon, Missouri. Mastercard is also sponsored of Uefa Champions League, Canadian Hockey League's Memorial Cup and Mumbai Indians.
MasterCard Operations
MasterCard Incorporation was formed on 16th of December, 1966. Then, it was known as Master Charge: The Interbank Card. The Company was renamed to MasterCard after 35 years on 16th of December, 1979. Its list of products and services include Payment Products and Solutions, Payment Processing, MasterCard Business Solutions, MasterCard Marketing Center and Value Across the Payments Chain. According to the financial reports of 2012, MasterCard Incorporation had total Revenue of US$ 7.391 billion, Operating income of 3.937 billion and Net income of US$ 2.759 billion. Till the end of financial year 2012, The Company had total assets of US$ 12.462 billion and total equity US$ 6.917 billion. The Company has total workforce of 6,700 employees.
MasterCard Incorporation Products and Features
The list of MasterCard's products include Credit Card, MasterCard World Debit, MasterCard Prepaid Card, Gift Card and Travel Card. The Feature of the MasterCard includes Contactless Payment, SecureCode, Tax Payments, MasterPass, Card Security and Reloads for prepaid cards.