Mastercard is a global technology company that facilitates digital payments by connecting consumers, financial institutions, and merchants through its secure transaction processing networks
The company provides a range of payment solutions, including credit and debit card services, contactless payments, and mobile payment applications. Mastercard's platform aims to enhance the payment experience by offering innovative technologies and insights that help businesses and consumers make transactions easier, safer, and more efficient. Through partnerships with various stakeholders in the financial ecosystem, Mastercard continuously works to promote financial inclusion and empower people to transact in a digital world.
Stripe's growth is outpacing competitors, processing $1.4 trillion in volume last year, thanks in part to its role as the payment backbone for AI companies and focus on stablecoins.
Despite a Monday sell-off, stocks ended the week higher, and there's evidence that sector rotation is underway; next week's read of inflation may move markets.
Stablecoins, which play a major role in the global cryptocurrency ecosystem, saw massive adoption in 2024, with their transfer volumes beating those of both Visa and Mastercard combined.
