Mastercard

Mastercard

Global payments network and services provider

Technical Product Management Intern

Summer 2027
$25 - $30/hr

+ Bonus + Commission

Internship
Bachelor's
O'Fallon, MO, USA
In Person
No H1B Sponsorship

About the job

Requirements
  • Currently enrolled in a bachelor's degree program, with an anticipated graduation date between December 2027 and June 2028.
  • Previous internship, academic project, or relevant experience involving product analysis, business requirements gathering, stakeholder engagement, or related activities.
  • Demonstrated leadership experience through coursework, student organizations, volunteer work, or other extracurricular involvement.
  • Strong verbal and written communication skills, with the ability to engage and collaborate with individuals across varying levels of technical and business expertise.
  • Ability to translate business needs and objectives into clear, actionable technical requirements.
  • Strong problem-solving and analytical skills, with an interest in bridging business goals and technology solutions.
  • Must be eligible to work in the United States now and in the future without employer sponsorship.
  • Must upload an unofficial copy of the school transcript with the application.
Responsibilities
  • Collaborate with program owners, product managers, delivery teams, technology organizations, regional and global partners, and technical writers to define business requirements and drive effective technology solutions.
  • Support initiatives across Transaction Switching, Clearing, Network Products, and related areas.
  • Complete mandatory security training and follow Mastercard's security policies and practices.
  • Protect the confidentiality and integrity of accessed information and report suspected information security violations or breaches.

About the company

Mastercard operates a global payments network that enables people and businesses to pay with cards and digital methods. Banks issue Mastercard-branded debit and credit cards, and Mastercard’s network authorizes transactions, clears them between banks, and settles funds, allowing merchants to receive payments securely and quickly. The company differentiates itself by leveraging a worldwide alliance of banks and merchants, transitioning from a cooperative of banks to a publicly traded company via its 2006 IPO, and continuously expanding its reach through partnerships and new payment technologies. Mastercard’s goal is to provide fast, secure, and convenient cross-border payment services and to grow its share of the global payments market by enabling merchants and customers to transact smoothly anywhere in the world.

Company Size

11-50

Company Stage

IPO

Headquarters

Town of Harrison, New York

Founded

2007

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Simplify's Take

What believers are saying

  • Mastercard’s Q2 2026 revenue rose 14% to $9.3 billion, beating expectations.
  • Mastercard launched Wallet Pay and AI shopping tools on September 9, 2026.
  • Trip.com’s September 2026 Dubai pilot uses Mastercard Agent Suite for travel bookings.

What critics are saying

  • Mastercard and Visa face a proposed $167.5 million ATM-fee settlement, with claims through 2027.
  • The Court of Appeal’s March 16, 2026 UK interchange-fee appeal prolongs merchant litigation.
  • Visa’s competing AI commerce stack threatens Mastercard’s standards leadership by early 2027.

What makes Mastercard unique

  • Mastercard completed BVNK acquisition on August 3, 2026, adding stablecoin settlement rails.
  • Mastercard launched Agent Pay for Machines on June 10, 2026, targeting autonomous commerce.
  • Mastercard and Google’s Verifiable Intent standard gives agent transactions cryptographic authorization records.

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Benefits

New Parent Leave

Inclusive Family Building Benefit

Employee Family Resource Program

Bereavement Leave

Dependent Scholarship

Employee Assitance Fund

Business Resource Groups

Employee Recognition

Flexible Work

Tuition Assistance

Travel Assistance

Matching Charitable Gifts

Company News

Yahoo Finance
Sep 22nd, 2026
Upfront partners with Mastercard to offer commercial cards for MENA SMEs

Upfront, a financial operations platform for MENA SMEs, has partnered with Mastercard to expand digital payment options for smaller businesses. The collaboration will add Mastercard commercial card capabilities to Upfront's platform, sitting alongside existing accounts receivable, accounts payable and cash flow management services. The new feature will allow eligible SME customers to access approved financing through a commercial card, which can be used for supplier bills and operating expenses. The companies said the card-based payments will provide SMEs with greater flexibility in managing working capital and improved visibility over business spending. The initial rollout will focus on Upfront's SME customers in the UAE. Any broader expansion will depend on programme structure, regulatory requirements and market readiness.

Mastercard
Sep 20th, 2026
Mastercard completes acquisition of BVNK to advance global stablecoin capabilities

Explore our press page to learn more about Mastercard's latest announcements, press releases, news, partnerships, and more.

Fortune
Sep 18th, 2026
Credit card firms race to set AI shopping standards as only 7% of consumers willing to let bots make purchases

Credit card companies are racing to establish infrastructure standards for AI-powered shopping, despite consumer reluctance. Mastercard launched a payment option on Thursday allowing AI agents to make purchases using virtual cards with spending limits and retailer restrictions. "This is a land grab for infrastructure standards," Phil Bruno of ACI Worldwide told Fortune. Visa has partnered with Alchemy and announced its own AI commerce product, whilst Meta has developed Muse for product search and checkout. However, only 7% of surveyed US and UK fashion shoppers would allow AI to purchase without approval, according to ACI Worldwide research. More than half were uncomfortable with AI buying on their behalf. Mastercard has created Verifiable Intent, a digital record system for tracking agent authorisation. The company did not specify who would be responsible if an agent made unauthorised purchases outside given instructions.

Spot On North Carolina
Sep 18th, 2026
Visa and Mastercard agree to $167.5M class action settlement: Are you owed money?

Visa and Mastercard agree to $167.5M class action settlement: Are you owed money? Visa and Mastercard were accused of preventing independent ATM operators - i.e., business owners who lease or otherwise operate ATMs outside of banking institutions - from lowering...

Forkast
Sep 18th, 2026
AgentCard gives AI agents their own identity. That is the point.

AgentCard gives AI agents their own identity. That is the point. Alchemy's Mastercard integration provisions each agent with a dedicated email, phone, and tokenized credentials - treating autonomous software as verifiable entities, not extensions of user accounts. The identity layer addresses a structural gap, but not the trust deficit, the liability wall, or the shadow agent problem. Tessa Vaughn Forkast mind | 2026-09-18 4:09 AM PDT Alchemy's integration of AgentCard with Mastercard Agent Pay establishes a dedicated identity layer for autonomous software. By provisioning each agent with a unique email address, phone number, stablecoin wallet, and tokenized payment credentials, Alchemy is attempting to treat AI agents as distinct, verifiable entities rather than mere extensions of a user's existing account. This is not a payment product dressed up as identity - it is the reverse. When AgentCard launched in June 2026 with Visa Intelligent Commerce, it established the baseline for this architecture. The current Mastercard integration adds a critical component: Verifiable Intent. Co-developed with Google, this standard provides a tamper-resistant cryptographic proof that links a consumer's specific instructions to a transaction outcome. It allows for selective disclosure, ensuring that only the minimum required information is shared during the checkout process. The technical implementation is designed for speed - a single command-line instruction and under one minute to set up. Once active, the system encrypts credentials at rest and provides granular spending controls, including merchant category restrictions, geographic limitations, and instant freeze-or-revoke capability. These features address the operational friction its beat has tracked: the current reality where only 3% of transactions involve agents and developers face integration costs ranging from $5,000 to $500,000 per protocol, as its analysis of the protocol proliferation tax documented. Alchemy CEO Nikil Viswanathan framed the shift plainly: "AI agents are quickly moving from simple assistants to software that can take action for people. To make that possible in everyday commerce, agents need a trusted way to pay, prove authorization, and operate within clear user-defined limits." Sherri Haymond, Mastercard's EVP of Digital Commercialization, pushed the framing further: "The future of commerce isn't just about agents that can act - it's about agents that can be trusted to act on your behalf."