Summer 2027

Software Engineer Intern

Updated on 8/24/2026

Mastercard

Mastercard

11-50 employees

Global payments network and services provider

Compensation Overview

$35 - $46/hr

+ Annual bonus + Commission

No H1B Sponsorship

O'Fallon, MO, USA + 3 more

More locations: Arlington County, Arlington, VA, USA | New York, NY, USA | Atlanta, GA, USA

In Person

Bachelor's

Category
Software Engineering (1)
Required Skills
Agile
Python
JavaScript
Git
Data Structures & Algorithms
Java
Version Control
Blockchain
C/C++

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Requirements
  • Currently pursuing a Bachelor's degree in Computer Science, Engineering, or a related field and graduating December 2027 or later.
  • Have a basic understanding of programming languages such as Java, Python, C++, or JavaScript.
  • Have a strong foundation in data structures, algorithms, and core computer science concepts.
  • Have familiarity with version control, such as Git.
  • Have an interest in software testing, debugging, and problem solving.
  • Be eligible to work in the United States now and in the future without employer sponsorship.
  • Upload an unofficial copy of the school transcript when submitting the application.
Responsibilities
  • Be part of a real engineering team contributing to live systems and products.
  • Contribute to building scalable, high-performance systems used globally.
  • Write clean, efficient, and maintainable code using modern programming languages.
  • Support the design, development, and testing of software features.
  • Write basic automated tests to verify code behavior.
  • Learn and apply secure coding practices.
  • Participate in code reviews, team discussions, and agile ceremonies.
  • Collaborate with product managers, designers, and engineers to deliver solutions.
  • Troubleshoot issues, debug code, and support enhancements.
  • Gain exposure to how enterprise software systems are built and maintained.
  • Abide by Mastercard's security policies and practices.
  • Ensure the confidentiality and integrity of accessed information.
  • Report suspected information security violations or breaches.
  • Complete periodic mandatory security trainings in accordance with Mastercard's guidelines.
Desired Qualifications
  • Curiosity, motivation, and a willingness to learn.
  • Mentorship and coaching from experienced professionals and leaders.
  • Networking with fellow interns, employees, and senior leaders.
  • Professional development focused on career growth and skill-building.
  • Exposure to innovative technologies and global business challenges.
  • Volunteer, community engagement, and team-building activities.

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 Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 14% to $9.3 billion, with operating margin near 61%.
  • Cross-border volume grew 12% in Q2 2026, and management raised full-year outlook.
  • Partnerships like Shukria in the UAE expand commercial card issuance and merchant penetration.

What critics are saying

  • The January 29, 2026 layoffs cut 4% of staff, signaling operating pressure and prioritization shifts.
  • UK merchant lawsuits over interchange fees advanced in March 2026, threatening years of fee income.
  • Stablecoins and instant bank transfers directly attack Mastercard’s tollbooth model, risking long-term disintermediation.

What makes Mastercard unique

  • Mastercard’s network reaches 200+ countries, giving merchants near-universal acceptance.
  • Its value-added services grew 20% in Q2 2026, diversifying beyond transaction fees.
  • Mastercard’s network-linked security, authentication, and token services deepen switching costs for issuers.

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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
Aug 26th, 2026
Mastercard hits 61% operating margin as revenue climbs 14% to $9.3B

Mastercard shares slipped 0.3% to $597.535 on Wednesday, remaining less than 1% below their 52-week high of $601.62. The payments giant reported strong second-quarter results, with revenue rising 14% to $9.28 billion and adjusted operating income jumping 16% to $5.67 billion. Cross-border volume grew 12%, whilst value-added services revenue surged 18%. The company's adjusted operating margin reached approximately 61.1%, meaning it pockets roughly 61 cents of adjusted operating profit from every revenue dollar. Despite trading at 33 times trailing earnings, the current share price sits 11.7% below GuruFocus's intrinsic value estimate of $676.72, suggesting potential upside despite the premium valuation.

Yahoo Finance
Aug 25th, 2026
Mastercard returned $64B to shareholders but stock still trailed S&P 500

Mastercard returned $64 billion to shareholders over five years, equal to 12.1% of its market value, yet the stock underperformed the S&P 500. Of that total, $52 billion went to share buybacks and $12 billion to dividends. Despite operating margins of 60% and generating $15.98 billion in free cash flow from $35.08 billion in revenue, Mastercard delivered a 70% total return over five years compared to 82% for the S&P 500. The company faces decelerating growth in core markets like Europe, where purchase volume growth has slowed from mid-teens. Management has acknowledged a competitive landscape requiring discipline. Mastercard is investing in its value-added services segment, which includes security and AI-driven products. This division grew 18% last quarter, representing a key growth strategy alongside its core payment network.

Yahoo Finance
Aug 25th, 2026
Visa and Mastercard shares hit record highs as consumer spending remains resilient

Visa and Mastercard shares closed at record highs on Monday, marking the first time either payment network reached such levels in over a year. Visa rose 3.1% to $382.41, surpassing its previous June 2025 record of $373.31. The milestone reflects continued strength in US consumer spending. Visa reported fiscal third-quarter net revenue of $11.6 billion, up 14% year-over-year, with payments volume rising 10% on a constant-dollar basis. Total processed transactions reached 71.7 billion, also up 10%. "Consumer and business spending remains resilient," said Chief Executive Officer Ryan McInerney. Cross-border volume excluding intra-Europe transactions rose 12%, while total cross-border volume increased 13%. Visa returned $6.2 billion to shareholders through share repurchases and dividends during the quarter.

Yahoo Finance
Aug 24th, 2026
Mastercard jumps 2.7% to $596 as Q2 revenue climbs 14% to $9.3B

Mastercard shares rose approximately 2.7% to $596.315 on Monday as investors shifted from semiconductor stocks into financial equities. The payment technology company reported strong second-quarter results, with net revenue climbing 14% to $9.28 billion and adjusted operating income up 16% to $5.67 billion. Cross-border volume increased 12%, whilst value-added services revenue surged 18%. The company's business model collects fees on transactions without lending money or holding inventory. Despite the rally, shares remain 11.81% below their calculated fair value of $676.18, though the stock trades at roughly 33 times earnings. The company faces competitive pressure from stablecoins, instant bank transfers and regulatory challenges.

TechzNow
Aug 24th, 2026
Shukria and Mastercard unveil UAE business card.

Shukria and Mastercard unveil UAE business card. Dubai: TECHzMagazine - News Desk Shukria, the digital payments brand powered by Dubai-based Mercury Payments Services LLC, has partnered with Mastercard to introduce a new commercial card for UAE merchants. Designed to simplify corporate transactions and streamline cash flow, the card provides global acceptance through Mastercard's network. It offers businesses a secure and flexible way to manage supplier and vendor payments, procurement and inventory costs, travel and entertainment expenses, and day-to-day operational spending. Historically known for robust payment acceptance tools like POS terminals, SoftPOS, and payment gateways, Shukria is expanding its ecosystem to help both established corporate enterprises and growing SMEs manage their own outgoings. This launch reflects a broader trend among UAE businesses increasingly adopting digital financial solutions for greater visibility and control over their finances. Ravi Sehgal, Chief Business Officer at Mercury, highlighted that the collaboration is a natural extension of Shukria's vision to make financial solutions more relevant for businesses of all sizes, ultimately strengthening the financial ecosystem for merchants. Echoing this sentiment, Gina Petersen-Skyrme, Country Manager for the UAE and Oman at Mastercard, emphasized that the card empowers companies to reach their full potential by simplifying expense management and enhancing compliance and visibility. Complementing Shukria's existing business-in-a-box solutions - which include loyalty services, business financing, and multi-format checkouts - the new commercial card positions the brand as a comprehensive, end-to-end financial partner for UAE merchants aiming to scale securely in a digital-first economy.