Mastercard
Financial Services and Banking
Multinational · United StatesMastercard is a Tel Aviv-Yafo-based multinational, established in 1966. Financial Services and Banking. The company has 51-200 employees.
- Employees51-200
- HQTel Aviv-Yafo
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www.timesofisrael.com.
What does Mastercard do?
Mastercard Incorporated is a financial services corporation. Its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases. In 2020, Mastercard acquired Cytegic, an Israeli-based startup that develops cyber-risk management solutions. The local team in Israel continues to develop the product under Mastercard's Data and Services division. In 2021, Mastercard also acquired Dynamic Yield from McDonald's Corporation and integrated it into its R&D Center. Additionally, Mastercard and Enel X established a fintech-cybersecurity laboratory in Be'er Sheva
Where is Mastercard located?
Mastercard is based in Aluf Kalman Magen Street, Tel Aviv-Yafo, Israel.