+ Annual bonus + Commission
More locations: Arlington County, Arlington, VA, USA
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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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.
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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.
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...
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."