Financial Analysis of Mastercard Worldwide

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Financial Analysis of MasterCard Worldwide Financial Management 534 Abstract This paper is to give a company overview of MasterCard Worldwide and to evaluate the company’s vulnerability to current financial threats, financial performance and stock analysis. Financial Analysis of MasterCard Worldwide MasterCard, originally known as 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. For over 45 years MasterCard has been a driving force at the heart of commerce, making the global economy safer, more efficient, more inclusive and more transparent for all. 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) They are all about delivering value to consumers and their partners, merchants, banks, telecommunications companies, small and midsize businesses, governments and every entity in between. Their vision is a world beyond cash and their mission is every day, everywhere we use our technology and expertise to make payments safe, simple and smart. Company Overview MasterCard Worldwide consider themselves a driving force in the business of commerce, which enables them to transact business globally building economic connections to make commerce faster, safer, convenient and valuable for everyone involved. They are a company that uses cutting edge technology to provide critical links between their consumers, financial institutions, and millions of other businesses and merchants globally. Their customer base consists of over 22,000 financial institutions and other entities in more than 210 countries and territories. They provide their customers an

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