Mastercard is a global technology company that facilitates digital payments by connecting consumers, financial institutions, and merchants through its secure transaction processing networks. The company provides a range of payment solutions, including credit and debit card services, contactless payments, and mobile payment applications. Mastercard's platform aims to enhance the payment experience by offering innovative technologies and insights that help businesses and consumers make transactions easier, safer, and more efficient. Through partnerships with various stakeholders in the financial ecosystem, Mastercard continuously works to promote financial inclusion and empower people to transact in a digital world. Read More
Visa and Mastercard are the top players in the finance world, but Visa has been steady while Mastercard is more volatile. Investors should choose based on risk tolerance.
Mastercard and Corpay expand partnership to offer improved cross-border payment solutions, with Mastercard investing $300 million in Corpay's business.
Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payments – anytime, anywhere.
American Express continues to show spending growth of 6% YoY for its affluent customer base in Q1 2025, which is better equipped to weather economic volatility.
As China’s visa-free policy continues to generate a “magnet effect,” Qingdao, a gateway city in Northeast Asia, is witnessing a surge in inbound tourists. Recently, the Qingdao Beer Museum has introduced an innovative AR-guided tour system and multi-currency payment services, leveraging its century-old industrial heritage to build a dual engine of “cultural experience + convenient services.” This move has made the museum a must-visit landmark for international tourists, especially those from South Korea. Data shows that in 2024, overseas visitors accounted for 10% of the museum’s total footfall, with the number of South Korean tourists increasing by 240% year-on-year, highlighting the combined impact of visa-free policies and upgraded cultural tourism services.
