MasterCard Incorporated is an American corporation that provides financial services all over the world. Originally it was created under the name Interbank, in 1966 by an alliance of some regional bankcard groups, as a competitor to what is known today as Visa Inc. Subsequently, the name was changed and stylized to Mastercard.
Being a multinational corporation, it carries out its financial activity throughout the world and in all financial sectors. The main financial activity consists of transactions and payments between commercial banks and card-issuing banks and providing financial services for all the clients who use the MasterCard credit, debit, and prepaid cards.