Mastercard is a multinational financial services corporation that operates in the global payments industry. As one of the largest payment networks in the world, Mastercard facilitates electronic funds transfers and provides a range of products and services to consumers, businesses, and governments. The company was founded in 1966 and has since grown to become a trusted brand in the financial sector. Mastercard's core business is centered around its payment network, which connects financial institutions, merchants, and consumers across the globe. Through this network, Mastercard enables secure and convenient transactions, allowing individuals and businesses to make purchases and transfer money electronically. The company's payment solutions include credit cards, debit cards, prepaid cards, and mobile payments, offering customers a variety of options to suit their needs.