M

Mastercard

Processes payments across a global network

Principal Product Manager - Technical

Full-TimeUpdated on 10/23/2026
CA$150k - CA$234k
Expert
Bachelor's
Vancouver, BC, Canada
In Person
ProductTechnical Product Management

About the job

Requirements
  • Strong product management or new product development experience, including shipping high-quality products in the payments industry and explaining business context and customer use cases.
  • Experience in Lean Product Management and Lean management principles and practices, with the ability to deliver technology products or services in a high-growth environment where priorities shift rapidly.
  • Comprehensive experience in agile delivery methodologies such as Scrum and Kanban, CI/CD, and modern DevOps-based product development and software development life cycles; technical proficiency to enable test-driven development and behavior-driven development.
  • A track record of delivering product features from design and development through deployment and customer integration.
  • Proficiency in grooming user stories, features, and epics; setting entrance and exit criteria; and prioritizing a platform product backlog. Understanding of event frameworks and technologies is required.
  • Ability to define measurable SMART leading and lagging metrics for backlog items to support decisions and prioritization.
  • Ability to learn the functionality, architecture, dependencies, and runtime properties of platform systems, including business requirements and use cases, customer experience, back-office systems, application and service architecture, interfaces and data flows, dependent applications and services, runtime operations and support strategies, and maintenance.
  • Ability to engage with stakeholders on existing product capabilities and potential co-development opportunities or dependencies.
  • Experience leading and managing others through direct manager relationships and through influence.
  • Ability to improve team processes to accelerate delivery, drive innovation, lower costs, and improve quality.
  • Bachelor’s degree.
  • Strong written and verbal communication skills.
Responsibilities
  • Develop and provide the organization with a deep appreciation for customer needs, the ecosystem, and key market dynamics.
  • Lead multiple teams in adopting lean product management practices; define, establish, and refine a domain product vision and objectives; establish a product charter; and create and maintain a domain roadmap.
  • Translate product requirements into clearly defined epics, features, and stories with clear, measurable outcomes, ensuring mutual understanding.
  • Work with product owners on each scrum team to ensure backlogs are prioritized and refined according to anticipated business value and measurable outcomes.
  • Advocate for an agile approach to product development, from defining an epic to writing user-story acceptance criteria.
  • Work closely with engineering as one agile team to lead product design and build across a product domain.
  • Work with cross-functional teams to plan work, understand dependencies, and minimize time to market and errors.
  • Oversee delivery and testing of product features, serving and enabling scrum teams.
  • Own the overall health and operation of the domain; escalate critical operational issues to Real Time Payments management teams and discuss resolutions with delivery teams to ensure operational stability.
  • Evaluate and improve existing practices, metrics, and roles; own and deliver post-launch reviews and customer feedback, and incorporate findings into future launch plans.
Desired Qualifications
  • Payments expertise.

About the company

M

Mastercard

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cbWebsite

Mastercard operates a global payment network connecting financial institutions, merchants, businesses and consumers. It authorizes, clears and settles transactions between participating institutions, while banks issue Mastercard-branded cards and extend credit to their customers. Its services also include fraud detection, identity verification, payment tokenization, data analysis and consulting for organizations managing commerce and financial operations. The company earns network fees linked to payment volumes and processed transactions, along with fees for its services and solutions. Founded by a group of banks in 1966, Mastercard is headquartered in Purchase, within Harrison, New York.

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of Harrison, New York

Founded

1966

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Simplify's Take

What believers are saying

  • Revenue is growing: July 2026 Mastercard reported $9.3 billion Q2 net revenue, up 14% year over year.
  • Services broaden growth: July 2026 Mastercard reported Q2 value-added services and solutions net revenue growth of 20%.
  • Parent support has a published floor: Mastercard lists at least 16 weeks of new parent leave, with regional variations.

What critics are saying

  • Customer incentives complicate revenue: Mastercard adjusts rebates when actual client transaction volumes differ from estimates.
  • Legal costs remain material: February 2026 Mastercard reported $504 million in pre-tax litigation provisions for 2025.
  • Remote work is program based: Mastercard lists a hybrid policy and four-week work-from-elsewhere benefit, with regional variations.

What makes Mastercard unique

  • Acceptance spans currencies: Mastercard's network processes payments in over 210 markets and 150 currencies.
  • Tokens connect payment participants: Mastercard's APIs enable issuers, merchants and service providers to use tokens at scale.
  • Fraud scoring extends beyond Mastercard cards: Decision Intelligence assesses transactions processed by any payment network.

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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

MarketBeat
Oct 21st, 2026
Mastercard Incorporated $MA stake reduced by Robeco Institutional Asset Management B.V.

Mastercard Incorporated $MA stake reduced by Robeco Institutional Asset Management B.V. October 21, 2026 Key points. * Robeco Institutional Asset Management cut its Mastercard stake by 13.1% in the third quarter, selling 124,144 shares and retaining 825,975 shares worth approximately $455.5 million. Institutional investors collectively own 97.28% of the company. * Mastercard reported quarterly revenue of $9.28 billion and adjusted earnings of $5.04 per share, exceeding analyst expectations, while revenue increased 14.1% year over year. * Analysts remain broadly bullish, with Mastercard carrying a "Moderate Buy" consensus rating and an average price target of $682.66, though the stock's roughly 34-times earnings valuation leaves elevated expectations for continued growth. * Tracking Mastercard through earnings season? MarketBeat All Access sends real-time alerts on ratings, earnings, and news - $149 a year, locked in for as long as you stay. Robeco Institutional Asset Management B.V. decreased its holdings in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 13.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 825,975 shares of the credit services provider's stock after selling 124,144 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.09% of Mastercard worth $455,500,000 as of its most recent SEC filing. A number of other hedge funds have also added to or reduced their stakes in MA. Robinswood Financial LLC bought a new stake in Mastercard during the 1st quarter worth about $25,000. First Pacific Financial boosted its stake in shares of Mastercard by 113.8% during the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider's stock worth $31,000 after buying an additional 33 shares during the last quarter. Allied Private Wealth LLC acquired a new position in shares of Mastercard during the 2nd quarter worth about $34,000. Premier Financial Group bought a new position in shares of Mastercard in the 2nd quarter valued at about $39,000. Finally, Roxbury Financial LLC grew its holdings in shares of Mastercard by 102.6% in the 2nd quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider's stock valued at $40,000 after acquiring an additional 40 shares in the last quarter. Institutional investors own 97.28% of the company's stock. Key headlines impacting Mastercard. Here are the key news stories impacting Mastercard this week: * Mastercard introduced its Global Money Platform, which integrates stablecoins with traditional currencies to support cross-border payments. The initiative could expand transaction volumes and create new opportunities among banks, businesses and fintech customers. * The company launched Stablecoin Security, an API that combines payment and blockchain intelligence to screen for fraud, scams and sanctions exposure before funds move on-chain. The tool may reduce institutional concerns about stablecoins while creating additional security and risk-management revenue opportunities. * Mastercard also unveiled an AI-powered Agent Detection Score to identify transactions initiated by software rather than humans. The product positions the network to manage fraud and trust risks as autonomous shopping agents become more widespread. * New and expanded partnerships, including initiatives with Moovn, BankIslami, Extend and Finsei, broaden Mastercard's digital-payment, business-software and regional payment reach. These efforts could support long-term payment volume growth. * CFO Ling Hai sold 4,317 shares valued at approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The transaction may weigh modestly on sentiment, but its scheduled nature limits its usefulness as a signal about Mastercard's outlook. * With MA near a record level and valued at roughly 34 times earnings, expectations remain elevated. The stock may require continued strong revenue growth and earnings beats to sustain further gains. Analysts set new price targets. A number of analysts recently issued reports on MA shares. Robert W. Baird lifted their target price on Mastercard from $660.00 to $710.00 and gave the company an "outperform" rating in a research report on Friday, October 9th. Clear Str raised Mastercard to a "strong-buy" rating in a research report on Thursday, July 16th. Bank of America raised their price target on Mastercard from $700.00 to $735.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Rothschild & Co Redburn lowered their price target on Mastercard from $710.00 to $688.00 and set a "buy" rating on the stock in a research report on Wednesday, September 2nd. Finally, Wolfe Research upped their price objective on Mastercard from $680.00 to $740.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Mastercard presently has an average rating of "Moderate Buy" and an average price target of $682.66. Discover more Stock Research Tools Stock Market News Insider activity. In other Mastercard news, insider Sachin Mehra sold 7,444 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total value of $4,296,155.72. Following the transaction, the insider directly owned 40,916 shares in the company, valued at $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the company's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the completion of the transaction, the insider owned 31,179 shares in the company, valued at approximately $17,781,695.49. This represents a 12.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 72,676 shares of company stock valued at $41,966,586. 0.09% of the stock is owned by company insiders. Mastercard stock up 0.7%. Mastercard stock opened at $620.62 on Wednesday. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The company's 50-day moving average is $578.27 and its 200-day moving average is $537.01. The firm has a market capitalization of $543.67 billion, a PE ratio of 34.14, a P/E/G ratio of 1.76 and a beta of 0.76. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $624.29. Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The company had revenue of $9.28 billion during the quarter, compared to analysts' expectations of $9.08 billion. During the same period last year, the firm posted $4.15 earnings per share. The business's revenue was up 14.1% on a year-over-year basis. Sell-side analysts anticipate that Mastercard Incorporated will post 19.91 earnings per share for the current year. Mastercard announces dividend. The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard's dividend payout ratio (DPR) is currently 19.14%. Mastercard company profile. Mastercard Incorporated NYSE: MA is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products. In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Mastercard, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mastercard wasn't on the list. While Mastercard currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets. Continue following MarketBeat

Crypto.com
Oct 20th, 2026
Mastercard develops agent payments for AI services via.

Mastercard develops agent payments for AI services via. News Tue, 20 Oct 2026 20:00:48 UTC 1 hour ago Mastercard is collaborating with Cloudflare to develop a system called Agent Pay for Machines, which allows AI agents to pay for digital services. This innovative payment solution aims to enhance Mastercard's capabilities in the digital finance space and could significantly affect crypto adoption. More details can be found in the original tweet. Breaking it down. The broader crypto market is currently displaying mixed signals, with varying momentum across major assets. Mastercard's initiative to build agent payments with Cloudflare comes at a time when the integration of AI in financial services is gaining traction. This development signals a potential shift in how digital transactions might be conducted, setting the stage for greater adoption of cryptocurrency in everyday transactions. The partnership aims to streamline payments, showcasing Mastercard's commitment to incorporating cutting-edge technology into its offerings. Quick take. * Mastercard is collaborating with Cloudflare on Agent Pay for Machines. The initiative allows AI agents to handle payments for digital services. This integration is expected to enhance payment processing capabilities. The announcement reflects Mastercard's ongoing efforts to innovate in the payment sector. Cloudflare's technology will support this new payment solution. By the numbers. Currently, the crypto market is experiencing fluctuations, with significant focus on institutional adoption. While specific volume and price movements are not reported, Mastercard's partnership with Cloudflare could influence market sentiment positively. Traders are likely observing this development closely, as increased adoption of AI in payments may lead to enhanced utility for digital currencies in various sectors. ... Continue reading the full article at the original source below. This content is automatically aggregated. Full credit goes to the original publisher (coinfomania.com).

Bitcoin.com
Oct 20th, 2026
Mastercard begins rolling out AI agent payments service with Coinbase, Base.

Mastercard begins rolling out AI agent payments service with Coinbase, Base. Mastercard is beginning to open up a system that allows AI agents to autonomously purchase digital services using blockchain technology and stablecoins, marking another step toward a future in which software can conduct financial transactions without direct human involvement. Key takeaways. * Mastercard demonstrated autonomous AI payments, allowing agents to purchase digital services within approved budgets without human intervention. * Coinbase, Base, and BVNK provide crypto infrastructure, enabling blockchain settlement and stablecoin payments through the x402 protocol. * Mastercard launched early developer access, advancing its vision of AI agents conducting automated, low-value transactions across digital services. Mastercard opens up agentic payments. The payments giant announced Tuesday that it completed end-to-end pilots of its Agent Pay for Machines platform with partners including Cloudflare, Ant International, AIsa, Base, BVNK, Coinbase, and Hype. Mastercard is also opening early access to developers, providing tools to build and test autonomous payment applications. The technology allows AI agents to purchase services such as data, computing power, and image generation while operating within spending limits established by their human operators. Mastercard showcased the system at Cloudflare Connect through a demonstration involving Hype, a marketing agency that uses AI agents to develop advertising campaigns. In the demonstration, Hype tasked an AI agent with planning a promotional campaign for a protein bar launch. The agent identified services needed to complete the assignment, including social media research from AIsa and image generation through Cloudflare AI Gateway. After receiving budget approval, the agent completed nine payments across the two providers, purchasing research and generating eight campaign images without establishing separate accounts or billing relationships. The system relies on x402, an open payment protocol that allows online services to request payment using the HTTP 402 status code. When an AI agent encounters a paid service, it generates a digitally signed payment voucher within its authorized budget. The service provider verifies the voucher before delivering the requested service. These transactions occur offchain, allowing payments to be authorized rapidly, while providers can aggregate vouchers and redeem them later. Crypto infrastructure plays a central role in the arrangement. Coinbase Developer Platform supplies wallet infrastructure, while the Coinbase-backed Ethereum Layer 2 network Base handles blockchain settlement. BVNK - which Mastercard acquired this year for $1.8 billion - provides the agent wallet functionality and uses Mastercard's Global Money Platform to facilitate payments and settlement in traditional currencies or stablecoins. Sellers can receive funds through their preferred payment methods. The demonstration follows Mastercard's June launch of Agent Pay for Machines, which introduced a framework for high-frequency, low-value transactions between autonomous software systems. The initiative initially attracted support from more than 30 industry participants, including Coinbase, Stripe, Ripple, Polygon, and the Solana Foundation. AI payments go mainstream? Mastercard is positioning itself as a trust and authorization layer for an emerging economy in which AI agents independently purchase digital resources. The company said its early-access program now offers buyer- and seller-side APIs, developer documentation, and a testing environment. Although the demonstrations establish the technology's potential, broader adoption remains dependent on developers integrating the system and businesses trusting autonomous agents to manage expenditures. The development also highlights a growing role for blockchain networks and stablecoins in AI-driven commerce, where automated software may need to execute numerous small transactions across different service providers.

SiliconANGLE Media
Oct 20th, 2026
Vectorial raises $3M to simulate consumer behaviour with AI

Vectorial AI Inc. has raised $3 million in seed funding to launch an AI platform that simulates human behaviour for consumer research. Smilegate and SenseAI Ventures jointly led the round, with funds from the University of California at Berkeley and Stanford University also taking part. Angel investors from Meta Platforms Inc., Mastercard Inc., and Shopify Inc. contributed too. The platform simulates thousands of users within target demographics, replacing surveys that can take weeks and often involve only 50 to 100 people. It runs on a model called SAPIENS, trained on data from more than 2.5 million real consumers. Vectorial says its simulations match real user studies with about 86% accuracy. It will use the funds to expand its dataset and build SAPIENS 2.0.

Fintech News Hong Kong
Oct 20th, 2026
Visitors to China can now use overseas-issued cards on JD Pay.

Visitors to China can now use overseas-issued cards on JD Pay. Mastercard extends its card-linking service for inbound visitors to JD.com, whose online tax refund store now also offers refund-upon-purchase advances. Get the hottest Fintech Hong Kong News once a month in your Inbox Mastercard and JD.com have launched two payment services for overseas visitors to mainland China. Travellers can now pay on JD.com with foreign-issued cards and receive an advance equal to their tax refund before departure. How the services work. The first service allows users to add an overseas-issued bank card to the JD.com app. They can then pay through JD Pay. As a result, they do not need a mainland bank card or local payment tool. The second service applies China's "refund-upon-purchase" scheme to eligible items in JD.com's online departure tax refund store. To use it, travellers complete a credit card pre-authorisation through a tax refund agency. They then receive an advance equal to the VAT refund on their linked card. In the standard process, travellers must wait for verification at departure before collecting their refund. JD.com introduced the service in line with China's new departure tax refund policy. Wider partnership plans. Mastercard's EVP and Greater China President Chang Qing said the services reflect the company's strategic focus on helping Chinese companies expand cross-border payments and global operations. Under the May agreement, the companies plan to build payment infrastructure for JD.com's international business. The aim is to integrate and optimise global payment connectivity. Both firms also plan to explore cross-border supply chain finance to help SMEs worldwide access funding. Mastercard launched its inbound payments programme in 2023 and has expanded it since. Before JD.com, it had introduced the same card-linking service with other partners. Through these partners, visitors can pay by scanning QR codes, as local residents do. Featured image: Edited by Fintech News Hong Kong, based on image by Mastercard via its website.