Mastercard Incorporated (stylized as
MasterCard from 1979-2016 and
mastercard since 2016) is an American multinational financial services
corporation headquartered in the
MasterCard International Global
Headquarters in Purchase, New York, United States. The Global
Operations Headquarters is located in O'Fallon, Missouri, United
States, a suburb of St. Louis, Missouri. Throughout the world, its
principal business is to process payments between the banks of
merchants and the card issuing banks or credit unions of the
purchasers who use the "Mastercard" brand debit and credit cards to
make purchases. Mastercard Worldwide has been a publicly traded
company since 2006. Prior to its initial public offering, MasterCard
Worldwide was a cooperative owned by the more than 25,000 financial
institutions that issue its branded cards.
Mastercard, originally known as Interbank/Master Charge, was
created by several California banks as a competitor to the
BankAmericard issued by Bank of America, which later became the Visa
credit card issued by
Visa Inc. From 1966 to 1979, Mastercard was
called "Interbank" and "Master Charge".
1.2.1 Anti-trust lawsuit by ATM operators
Debit card swipe fee price fixing
1.2.3 Antitrust settlement with U.S. Justice Department
1.2.4 Payment Card Interchange Fee and Merchant Discount Antitrust
2.1 Anti-trust issues in the United States
2.2 Anti-trust investigations in Europe
2.3 Sanctions of Russia
2.4 Regulatory action in Australia and New Zealand
2.5 Blocking payments to WikiLeaks
2.6 Corporate branding of all Nigerian ID Cards
3 Prepaid debit cards
Litigation of "Priceless" ad campaign
6 Sports sponsorships
7 Corporate affairs
7.2 Management and Board of Directors
7.3 Company Culture
12 See also
14 External links
Master Charge logo used from 1969 to 1979, featuring the original
Interbank logo of 1966
MasterCard logo, used from 1979 to 1990
MasterCard logo used from 1990 to 1997
MasterCard logo used corporately and on the cards from 1997 to 2006,
and on the cards only until July 14, 2016.
MasterCard corporate logo used from 2006 to July 14, 2016.
Mastercard logo used since July 14, 2016.
Logo of Maestro, the debit card subsidiary.
Logo of Cirrus, the interbank network subsidiary.
The original banks behind
MasterCard were United California Bank
(later First Interstate Bank and subsequently merged into Wells Fargo
Bank), Wells Fargo,
Crocker National Bank
Crocker National Bank (also subsequently merged
into Wells Fargo), and the
Bank of California
Bank of California (subsequently merged
into the Union Bank of California).
In 1966, this group of California banks formed the Interbank Card
Association (ICA). With the help of New York's Marine Midland Bank
(now HSBC Bank USA), these banks joined with the ICA to create "Master
Charge: The Interbank Card". The card was given a significant boost in
1969, when First National City Bank joined, merging its proprietary
Everything Card with Master Charge.
In 1968, the ICA and Eurocard started a strategic alliance, which
effectively allowed the ICA access to the European market, and for
Eurocard to be accepted on the ICA network. The Access card system
from the United Kingdom joined the ICA/Eurocard alliance in 1972.
In 1979, "Master Charge: The Interbank Card" was renamed "MasterCard".
In 1997, Mastercard took over the Access card; the Access brand was
MasterCard International merged with Europay International,
another large credit-card issuer association, of which Eurocard had
become a part in 1992.
MasterCard International changed its name to MasterCard
Worldwide. This was done in order to suggest a more global scale of
operations. In addition, the company introduced a new corporate logo
adding a third circle to the two that had been used in the past (the
familiar card logo, resembling a Venn diagram, remained unchanged). A
new corporate tagline was introduced at the same time: "The Heart of
In August 2010,
MasterCard expanded its e-commerce offering with the
acquisition of DataCash, a UK-based payment processing and fraud/risk
In March 2012,
MasterCard announced the expansion of its mobile
contactless payments program, including markets across the Middle
In spring 2014,
MasterCard acquired Australia's leading rewards
program manager company Pinpoint for an undisclosed amount.
MasterCard teamed with Apple in September 2014, to incorporate a new
mobile wallet feature into Apple's new iPhone models, enabling users
to more readily use their MasterCard, and other credit cards.
In August 2017,
MasterCard acquired Brighterion, a Delaware
Corporation headquartered in San Francisco, California that provides a
portfolio of artificial intelligence and machine learning
technologies. Brighterion holds several patents.
The company, which had been organized as a cooperative of banks, had
an initial public offering on May 25, 2006, selling 61.5 million
shares at $39 each. The stock is traded on the NYSE under the
symbol MA, with a market capitalization of $105.15 billion as of
Anti-trust lawsuit by ATM operators
MasterCard, along with Visa, has been sued in a class action by ATM
operators that claims the credit card networks' rules effectively fix
ATM access fees. The suit claims that this is a restraint on trade in
violation of federal law. The lawsuit was filed by the National ATM
Council and independent operators of automated teller machines. More
specifically, it is alleged that MasterCard's and Visa's network rules
prohibit ATM operators from offering lower prices for transactions
over PIN-debit networks that are not affiliated with Visa or
MasterCard. The suit says that this price fixing artificially raises
the price that consumers pay using ATMs, limits the revenue that
ATM-operators earn, and violates the Sherman Act's prohibition against
unreasonable restraints of trade. Johnathan Rubin, an attorney for the
plaintiffs said, "Visa and
MasterCard are the ringleaders, organizers,
and enforcers of a conspiracy among U.S. banks to fix the price of ATM
access fees in order to keep the competition at bay."
Debit card swipe fee price fixing
MasterCard and Visa have paid approximately $3 billion in
damages resulting from a class-action lawsuit filed by Hagens Berman
in January 1996. The litigation cites several retail giants as
plaintiffs, including Wal-Mart, Sears, Roebuck & Co., and
Antitrust settlement with U.S. Justice Department
In October 2010,
MasterCard and Visa reached a settlement with the
U.S. Justice Department
U.S. Justice Department in another antitrust case. The companies
agreed to allow merchants displaying their logos to decline certain
types of cards (because interchange fees differ), or to offer
consumers discounts for using cheaper cards.
Payment Card Interchange Fee and Merchant Discount Antitrust
Main article: Payment Card Interchange Fee and Merchant Discount
On November 27, 2012, a federal judge entered an order granting
preliminary approval to a proposed settlement to a class-action
lawsuit filed in 2005 by merchants and trade associations against
MasterCard, Visa, and many credit card issuers. The suit was filed due
to price fixing and other anti-competitive trade practices employed by
MasterCard and Visa. A majority of named class plaintiffs have
objected and vowed to opt out of the settlement. Opponents object to
provisions that would bar future lawsuits and even prevent merchants
from opting out of significant portions of the proposed settlement.
Stephen Neuwirth, a lawyer representing Home Depot, said, "It's so
obvious Visa and
MasterCard were prepared to make a large payment
because of the scope of the releases being given. It's all one quid
pro quo and merchants like the Home Depot are being denied the chance
to opt out of that quid pro quo and say this is a bad deal."
Plaintiffs allege that Visa, MasterCard, and major credit card issuers
engaged in a conspiracy to fix interchange fees, also known as swipe
fees, that are charged to merchants for the privilege of accepting
payment cards at artificially high levels. In their complaint, the
plaintiffs also alleged that the defendants unfairly interfere with
merchants from encouraging customers to use less expensive forms of
payment such as lower-cost cards, cash, and checks.
The settlement provides for the cash equivalent of a 10 basis-point
reduction (0.1 percent) of swipe fees charged to merchants for a
period of eight months. This eight-month period would probably begin
in the middle of 2013. The total value of the settlement will be about
Anti-trust issues in the United States
Few companies have faced more antitrust lawsuits both in the US and
MasterCard, along with Visa, engaged in systematic parallel exclusion
American Express during the 1980s and 1990s.
exclusivity clauses in its contracts and blacklists to prevent banks
from doing business with American Express. Such exclusionary clauses
and other written evidence were used by the
United States Department
of Justice in regulatory actions against
MasterCard and Visa.
Discover has sued
MasterCard for similar issues.
In 1996 about 4 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 anti-trust award in history.
In 1998, the Department of Justice sued
MasterCard over rules
prohibiting their issuing banks from doing business with American
Express or Discover. The Department of Justice won in 2001 and the
verdict withstood appeal.
American Express also filed suit
On August 23, 2001,
MasterCard International Inc. was sued for
violating the Florida Deceptive and Unfair Trade Practices Act.
On November 15, 2004,
MasterCard Inc. paid damages to American
Express, due to anticompetitive practices that prevented American
Express from issuing cards through U.S. banks, and paid 1.8
billion dollars for settlement.
Anti-trust investigations in Europe
European Union has repeatedly criticised
monopolistic trade practices. In April 2009,
MasterCard reached a
settlement with the
European Union in an antitrust case, promising to
reduce debit card swipe fees to 0.2 percent of purchases. In
December 2010, a senior official from the European Central Bank called
for a break-up of the Visa/
MasterCard duopoly by creation of a new
European debit card for use in the Single
Euro Payments Area
WikiLeaks published documents showing that American authorities
Russia to defend the interests of Visa and MasterCard. In
MasterCard blocked payments to WikiLeaks. Members of the
European Parliament expressed concern that payments from European
citizens to a European corporation could apparently be blocked by the
United States, and called for a further reduction in the dominance of
MasterCard in the European payment system.
As of 2013,
MasterCard is under investigation by the European Union
for the high fees it charges tourists who use their cards in Europe,
and other anti-competitive practices[clarification needed] that could
hinder electronic commerce and international trade, and high fees
associated with premium credit cards. The EU's competition regulator
said that these fees were of special concern because of the growing
role of non-cash payments.
MasterCard charges non-European tourists
much more than customers using cards issued in Europe. MasterCard
could be fined up to 10 percent of its 2012 revenue or around $740
MasterCard was banned from charging fees on cross-border
transactions conducted wholly within the EU via a ruling by the
European Commission in 2007. The
European Commission said that
their investigation also includes large differences in fees across
national borders. For instance, a 50-euro payment might cost 10 euro
cents in the Netherlands but eight times that amount in Poland. The
Commission argues that
MasterCard rules that prohibit merchants from
enjoying better terms offered in other EU countries may be against
The European Consumer Organisation (BEUC) praised the action against
BEUC said interbank fees push up prices and hurt
BEUC Director General Monique Goyens said, "So in the end,
all consumers are hit by a scheme which ultimately rewards the card
company and issuing bank."
Sanctions of Russia
On December 27, 2014,
Visa Inc. and
MasterCard suspended servicing
some Russian banks in Crimea: Rossiya Bank, Sobinbank, SMP Bank
and Investcapitalbank, after the USA issued sanctions against the
Russian government due to the 2014 Russian military intervention in
Regulatory action in Australia and New Zealand
In 2003, the
Reserve Bank of Australia
Reserve Bank of Australia required that interchange fees
be dramatically reduced, from about 0.95% of the transaction to
approximately 0.5%. One notable result has been the
reduced use of reward cards and increased use of debit cards.
Australia also prohibited the "no surcharge" rule, a policy
established by credit card networks like Visa and
prevent merchants from charging a credit card usage fee to the
cardholder. A surcharge would mitigate or even exceed the merchant
discount paid by a merchant, but would also make the cardholder more
reluctant to use the card as the method of payment. Australia has also
made changes to the interchange rates on debit cards and has
considered abolishing interchange fees altogether.
As of November 2006,
New Zealand was considering similar actions,
following a Commerce Commission lawsuit alleging price-fixing by Visa
and MasterCard. In New Zealand, merchants pay a 1.8% fee on every
credit card transaction.
Blocking payments to WikiLeaks
In December 2010,
MasterCard blocked all payments to
WikiLeaks due to
claims that they engage in illegal activity. In a response, a
group of online activists calling themselves "Anonymous" organised a
denial-of-service attack; as a result, the
experienced downtime on December 8–9, 2010. On December 9, 2010
the servers of
MasterCard underwent a massive attack as part of an
Operation Avenge Assange
Operation Avenge Assange for closing down payments of whistleblowing
platform WikiLeaks. According to several news sites, security of
thousands of credit cards was compromised during that attack due to a
phishing-site set up by the attackers. However,
this, stating that "cardholder account data has not been placed at
WikiLeaks spokesman said: "We neither condemn nor applaud
these attacks." U.N. High Commissioner for Human Rights, Navi
Pillay said that closing down credit lines for donations to WikiLeaks
"could be interpreted as an attempt to censor the publication of
information, thus potentially violating WikiLeaks' right to freedom of
The company that enables
WikiLeaks to accept credit and debit card
donations[who?] said it would take legal action against Visa Europe
and MasterCard. Iceland-based IT firm DataCell said it would move
immediately to try to force the two companies to resume allowing
payments to the website. DataCell had earlier[when?]
said that suspension of payments towards
WikiLeaks is a violation of
the agreements with their customers. On July 14, 2011 DataCell
announced they had filed a complaint with the European Commission
claiming the closure by Visa and
MasterCard of Datcell's access to the
payment card networks violated the competition rules of the European
On July 12, 2012 a
Reykjavík court ruled that Valitor, Visa and
MasterCard's partner in Iceland, had to start processing donations
within fourteen days or pay daily fines to the amount of ISK
800,000 (some $6000) for each day after that time, to open the payment
Valitor also had to pay DataCell's litigation costs of ISK
Corporate branding of all Nigerian ID Cards
In 2014, pursuant to an agreement between
MasterCard and the Nigerian
Government, acting through the National Identity Management
Commission, the new Nigerian
ID cards will bear the
contain personal database data and double as payment cards,
irrevocably linking such payments to the individuals, sparking
criticism by the Civil Rights Congress alleging that it "represents a
stamped ownership of a Nigerian by an American company ... reminiscent
of the logo pasted on the bodies of African slaves transported across
Prepaid debit cards
MasterCard, Comerica Bank, and the U.S. Treasury Department teamed up
in 2008 to create the Direct Express
Debit MasterCard prepaid debit
card. The federal government uses the Express Debit product to issue
electronic payments to people who do not have bank accounts, who are
often referred to collectively as the "unbanked".
Comerica Bank is the
issuing bank for the debit card.
The Direct Express cards give recipients a number of consumer
In June 2013,
MasterCard announced a partnership with British Airways
to offer members the Executive Club Multi-currency Cash Passport,
which will allow members to earn extra points and make multi-currency
payments. The Passport card allows users to load up to ten currencies
(euro, pound, U.S. dollar, Turkish Lira, Swiss franc, Australian
dollar, Canadian dollar,
New Zealand dollar, U.A.E. dirham and South
African rand) at a locked-in rate. When used, the card selects the
local currency to ensure the best exchange rate, and if the local
currency is not already loaded onto the card, funds are used from
other currencies.
MasterCard's current advertising campaign tagline is "Priceless". The
slogan associated with the campaign is "There are some things money
can't buy. For everything else, there's MasterCard." The Priceless
campaign in more recent iterations has been applicable to both
MasterCard's credit card and debit card products. They also use the
Priceless description to promote products such as their "priceless
travel" site which features deals and offers for MasterCard
holders, and "priceless cities", offers for people in specified
The first of these Priceless ads was run during the 1997 World Series
and there are numerous different TV, radio and print ads.
MasterCard registered Priceless as a trademark. Actor Billy Crudup
has been the voice in the US market; in the UK, actor Jack Davenport
is the voice. The original idea and concept of the campaign stems from
the advertising agency of
McCann Erickson (as it was named in
The purpose of the campaign is to position
MasterCard as a friendly
credit card company with a sense of humor, as well as responding to
the public's worry that everything is being commodified and that
people are becoming too materialistic.
Many parodies have been made using this same pattern, especially on
Comedy Central, though
MasterCard has threatened legal action,
MasterCard views such parodies as a violation of its
rights under the federal and state trademark and unfair competition
laws, under the federal and state anti-dilution laws, and under the
Copyright Act. Despite these claims, however, noted US consumer
advocate and presidential candidate
Ralph Nader emerged victorious
(after a four-year battle) in the suit
MasterCard brought against him
after he produced his own "Priceless" political commercials. In
the election ads Nader had criticized the corporate financing of both
the Bush and Gore campaigns. Using the theme and some of the language
MasterCard "Priceless" campaign the election specified the
dollar amounts contributed by corporate interests to both candidates
and then summed it up with "finding out the truth ... priceless".
MasterCard sued Nader's campaign committee and filed a temporary
restraining order to stop the ads. The TRO was not granted and Nader
defended the ads by claiming they were protected under the fair use
Litigation of "Priceless" ad campaign
In 1994 Argentinian born Edgardo Apestguia created in Paraguay an ad
campaign for Bancard's credit card. Its slogan was "There are things
money can't buy, but, for everything else, there is Bancard".
Plagiarism lawsuits were filed in Paraguay and Chile against
MasterCard and their publicist McCann, who registered the "priceless"
slogan ads in the US in 1999 and was represented in Paraguay by Nafta
and Biedermann publicists at the time.
Through a partnership with an Internet company that specializes in
MasterCard introduced a Web shopping mall on
April 16, 2010 that it said can pinpoint with considerable accuracy
what its cardholders are likely to purchase.
MasterCard sponsors major sporting events and teams throughout the
world. These include rugby's New Zealand, the MLB, the UEFA Champions
League and the PGA Tour's Arnold Palmer Invitational. Previously, it
also sponsored the
FIFA World Cup
FIFA World Cup but withdrew its contract after a
court settlement and its rival, Visa, took up the contract in
2007. In 1997,
MasterCard was the main sponsor of the MasterCard
Formula One team, which withdrew from the 1997
Formula One season
after its first race due to financial problems.
MasterCard International Global Headquarters
MasterCard has its headquarters in the
MasterCard International Global
Headquarters in Purchase, New York.
The Global Operations Center is located in O'Fallon, Missouri, a
suburb of St. Louis.
Management and Board of Directors
Key executives include:
Ajay Banga: President and Chief Executive Officer
Walt Macnee: Vice Chairman
Robert Reeg: President – Global Technology & Operations
Chief Marketing Officer – Global Marketing
Gary Flood: President – Products & Services
Noah Hanft: General Counsel, Chief Franchise Officer and Corporate
Michael Fraccaro: Chief Human Resources Officer
Chris McWilton: President – North American Markets
Ann Cairns: President - International Markets
Javier Perez: President – Europe
Vicky Bindra: President – Asia/Pacific
Betty Devita: President - Canada
Gilberto Caldart: President - LA/C
Michael Miebach: President - Middle East & Africa
Prior to its IPO in 2006,
MasterCard was an association that had a
board of directors composed of banks. The current Board of Directors
includes the following individuals:
Richard Haythornthwaite, Chairman of the Board MasterCard
Incorporated, President, PSI UK Ltd
Ajay Banga, President and Chief Executive Officer, MasterCard
Silvio Barzi, Former Senior Advisor and Executive Officer, UniCredit
David R. Carlucci, Former Chairman and Chief Executive Officer, IMS
Steven J. Freiberg, Senior Advisor, The Boston Consulting Group
Nancy J. Karch, Director Emeritus, McKinsey & Company
Marc Olivie, President and Chief Executive Officer, W.C. Bradley Co.
Rima Qureshi, Senior Vice President Strategic Projects, Ericsson
Jose Octavio Reyes Lagunes, Vice Chairman, Coca-Cola Export
Corporation, The Coca-Cola Company
Mark Schwartz, Vice Chairman, The Goldman Sachs Group, Inc., Chairman,
Goldman Sachs Asia Pacific
Edward Suning Tian, Chairman, China Broadband Capital Partners, L.P.
Jackson P. Tai, Former Vice Chairman and Chief Executive Officer, DBS
Group and DBS Bank Ltd.
In June 2013,
MasterCard has announced the promotion of Gilberto
Caldart to head of
Latin America and
Caribbean division. Caldart
MasterCard from Citi Brazil in 2008, where he served as country
business manager and oversaw the retail bank, consumer finance and
cards business. He holds a bachelor's degree in business
administration and accounting, as well as a master's degree from Duke
In 2017, Ajay Kanwal, Former Regional Chief Executive for ASEAN and
South Asia at Standard Chartered Bank has been appointed as Senior
Advisor at MasterCard
MasterCard was listed as one of the best companies to work for in 2013
MasterCard UK became one of 144 companies who signed the HM
Treasury's Women in Finance Charter, a pledge for balanced gender
representation in the company.
RFID chip from a Mastercard
Mastercard issued by the
Commonwealth Bank of Australia.
Semi-transparency shows PayPass antenna, connecting to
Mastercard Contactless (formerly branded Paypass) is an
EMV-compatible, "contactless" payment feature similar to American
Express' ExpressPay, and Visa payWave. All three use the same symbol
as shown on the right. It is based on the
ISO/IEC 14443 standard that
provides cardholders with a simpler way to pay by tapping a payment
card or other payment device, such as a phone or key fob, on a
point-of-sale terminal reader rather than swiping or inserting a card.
Contactless can currently be used on transactions up to and including
30 GBP, 25 EUR, 50 USD, 100 CAD, 200 NOK, 200 DKK, 80 NZD, 100 AUD,
1000 RUB or 2000 INR.
In 2003, Mastercard concluded a nine-month PayPass market trial in
Orlando, Florida with JPMorgan Chase, Citibank, and MBNA. More than
16,000 cardholders and more than 60 retailer locations participated in
the market trial.[needs update] In addition, Mastercard worked with
Nokia, AT&T Wireless, and
JPMorgan Chase to incorporate Mastercard
PayPass into mobile phones using near-field communication technology,
in Dallas, Texas. In 2011,
Google and Mastercard launched Google
Wallet, an Android application which allows a mobile device to send
credit/debit card information directly to a Paypass-enabled payment
terminal, bypassing the need for a physical card, up until the
creation of Android Pay.
During late 2015, Citicards in the USA stopped issuing Paypass-enabled
plastic, but the keyfob was still available upon request. Effective
July 16, 2016, Citicards will stop supporting Paypass completely.
While existing plastic and keyfobs will continue to work until their
expiration date, no new Paypass-enabled hardware will be issued to US
customers after that date.
QkR is a mobile payment app developed by MasterCard, for the purpose
of ordering products and services through a smartphone with payments
charged to the associated credit card. It is being deployed for use in
large-scale events, such as sport events, concerts, or movie theaters.
MasterCard mobile payment apps such as Pay Pass, QkR does
not use NFC from the phone, but rather an Internet connection.
Users can open the app, scan a
QR code located on the back of the seat
in front of them, and place orders for refreshments of their
choice. The order is dispatched to a nearby concession stand,
from where a runner delivers the items to the patrons' seats. It is
already deployed in Australian movie theaters and is being tested in
QkR is being marketed to vendors as a replacement for other mobile
payment apps and a mobile ordering app, either distributed by the
vendor (such as Starbucks's app, McDonald's' app, or Chipotle's mobile
ordering app) or by a third party, such as Square, headed by Twitter
cofounder Jack Dorsey.
MasterCard operates Banknet, a global telecommunications network
MasterCard card issuers, acquirers, and data processing
centers into a single financial network. The operations hub is located
in St. Louis, Missouri. Banknet uses the
ISO 8583 protocol.
MasterCard's network differs significantly from Visa's. Visa's is a
star-based system where all endpoints terminate at one of several main
data centers, where all transactions are processed centrally.
MasterCard's network is an edge-based, peer-to-peer network where
transactions travel a meshed network directly to other endpoints,
without the need to travel to a single point. This allows MasterCard's
network to be much more resilient, in that a single failure cannot
isolate a large number of endpoints.
Worldwide Centres of Commerce Index
Emerging Markets Index
Hudson Valley portal
Access credit card
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WikiLeaks Wins Icelandic Court Battle Against Visa for Blocking
Donations Threat Level. Wired.com.
^ "SCANDALOUS: Outrage in Nigeria as government brands National ID
Card with MasterCard's logo". Premium Times. August 29, 2014.
President Jonathan, who flagged off the rollout, praised the outcome
of a partnership between NIMC,
MasterCard and Access Bank. "The card
is not only a means of certifying your identity, but also a personal
database repository and payment card, all in your pocket," Mr.
^ "SCANDALOUS: Outrage in Nigeria as government brands National ID
Card with MasterCard's logo". Premium Times. August 29, 2014. The new
ID card with a
MasterCard logo does not represent an identity of a
Nigerian. It simply represents a stamped ownership of a Nigerian by an
American company," said
Shehu Sani of the Civil Rights Congress of
Nigeria. "It is reminiscent of the logo pasted on the bodies of
African salves [sic] transported across the Atlantic.
^ Priceless Travel[permanent dead link]. MasterCard. Retrieved July
MasterCard Priceless Cities Archived 2013-04-21 at Archive.is.
Mastercard.co.uk (August 30, 2012).
^ Priceless Film Festival Archived July 2, 2006, at the Wayback
Machine.. www.priceless.com. Retrieved July 13, 2011.
^ Priceless, Trademark Electronic Search System. Retrieved July 5,
^ Priceless Archived June 26, 2006, at the Wayback Machine., Jim
Farrell, New American Dream. Retrieved July 5, 2006.
^ Threats of legal action:
MasterCard International (April 9, 2001).
"Re: MasterCard/Infringement by Netfunny.com web site". Retrieved July
^ George B. Daniels, District Judge (March 9, 2004). "Decision of the
US District Court in the case of
MasterCard International Incorporated
v. Ralph Nader" (PDF). US District Court, Southern District of New
York. Archived from the original (PDF) on July 1, 2004. Retrieved July
^ Lawgeek story Archived October 11, 2011, at the Wayback Machine..
Lawgeek.typepad.com (March 9, 2004).
^ "Archived copy". Archived from the original on August 10, 2014.
Retrieved 2014-07-30. addmz.com.
^ Martin, Andrew (April 8, 2010). "
MasterCard Set to Open an Online
Shopping Mall". The New York Times.
^ Visa signs $170m deal with Fifa. BBC News (June 28, 2007). Retrieved
July 13, 2011.
^ "Contact Us." MasterCard. Retrieved February 2, 2011. "MasterCard
Advisors 2000 Purchase Street Purchase, NY 10577."
MasterCard Investor Relations. Retrieved March 6, 2009.
MasterCard Corporate Investors Board of Directors.
Investorrelations.mastercardintl.com. Retrieved on October 30, 2013.
^ Ajay Kanwal joins as Senior Advisor "Seasoned Banker Ajay Kanwal
Charts a New Career Path". Retrieved 2017-07-08.
^ Smith, Jacquelyn (12 December 2012). "The Best Companies To Work For
In 2013". Forbes. Retrieved 10 November 2017.
^ Mayer, Brittney (8 September 2017). "Pledged to Parity: Mastercard
Earns Our Editor's Choice Award for Its Commitment to Gender
Equality". CardRates.com. Retrieved 10 November 2017.
^ "ALERT: Due to licensing changes and rebranding efforts, the
Mastercard Contactless (formerly known as PayPass) documentation has
been moved". Mastercard. March 8, 2015. Archived from the original on
March 9, 2015.
^ "MasterCard's QkR mobile payment system enters trial in Australia".
January 27, 2012. Retrieved January 26, 2014.
MasterCard starts piloting QkR mobile payment app". January 26,
2012. Retrieved January 26, 2014.
^ "Peer-to-Peer Network Architecture of Banknet" (PDF). Fact
MasterCard website. Retrieved April 4, 2013.
How Mastercard works (interactive site)
Mastercard Priceless Travel site
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