Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  MasterCard    MA

MASTERCARD (MA)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Mastercard : and PayPal Expand Digital Partnership Globally

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2017 | 09:01am CET

The global agreement expands the partnership to now include Canada, Europe, Latin America and the Caribbean and the Middle East and Africa

Mastercard (NYSE:MA) and PayPal (NASDAQ:PYPL) today announced a significant expansion of their longstanding partnership into Canada, Europe, Latin America and the Caribbean and the Middle East and Africa to enhance customer choice, optimize the consumer experience and make Mastercard a clear payment option within PayPal across the globe. With the addition of these markets – and following the recent expansion of their partnership into the U.S. and Asia Pacific – Mastercard and PayPal have now reached a global agreement.

Similar to previous agreements, the global expansion will create a number of joint growth opportunities that will advance Mastercard and PayPal’s shared vision to offer consumers greater choice and flexibility to manage and move their money:

  • Mastercard will be presented as a clear and equal payment option within the PayPal Wallet, making Mastercard and their issuers easily identifiable to the consumer when transacting. Consumers will also see a familiar digital representation of their Mastercard from their chosen issuer. Additionally, consumers will be able to choose Mastercard as their default payment method to allow for quick and easy check-out.
  • Mastercard and PayPal will work together to leverage new Mastercard payment flow technologies, providing increased value to Mastercard cardholders, financial institutions, and PayPal customers. Through collaborations with Mastercard bank partners, consumers will be able to seamlessly add Mastercard cards into PayPal from banking apps.
  • PayPal will have the opportunity to expand its presence at the point of sale by utilizing tokenization services from Mastercard, allowing consumers to use their tokenized Mastercard in their PayPal Wallet to make in-store purchases at more than 6.5 million contactless-enabled locations across the globe. Consumers will also have the ability to quickly cash out funds held in their PayPal accounts to a Mastercard debit card.
  • Masterpass will be presented as a payment option for merchants that process payments via Braintree in Europe, Latin America and the Caribbean and the Middle East and Africa – in addition to the U.S. and Asia Pacific. These merchants will see the benefits of more choice and will be able to easily integrate Masterpass into their checkout experiences to provide a seamless user experience for consumers.

“Today’s news is the latest in a line of great partnership developments with Mastercard,” said Gary Marino, Chief Commercial Officer at PayPal. “Together we expect to accelerate digital payment adoption across the world, improve the payment experience online, in-app and in store, and empower millions of consumers to seamlessly manage and move their money.”

“People everywhere know and trust the familiar Mastercard brand, whether they’re paying in the physical or digital world,” said Ann Cairns, President International, Mastercard. “Our expanded partnership with PayPal affirms our commitment to our billions of cardholders across the globe to deliver the simple, speedy and secure payment experience they’ve come to expect from Mastercard, across devices and channels.”

About Mastercard

Mastercard (NYSE:MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

About PayPal

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ:PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 210 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MASTERCARD
02/18MASTERCARD : to patent 30 blockchain developments
AQ
02/18MASTERCARD : Red-hot O'Fallon, Mo., keeps growing and growing. Here's why.
AQ
02/17LETTER : Don't get caught by scammers
AQ
02/16MASTERCARD : St. Louis region's growth among nation's slowest. But O'Fallon keep..
AQ
02/15REPLACING MAKE 2018 YOUR YEAR OF ACT : 'Start Something Priceless'
AQ
02/15MASTERCARD : to Participate in Upcoming Investor Conferences
BU
02/15MASTERCARD : Azerbaijan's postal operator applies for VISA merchant account
AQ
02/15HSBC : Premier customers off to enjoy a Mastercard Priceless Experience
AQ
02/15MASTERCARD : Applied Predictive Technologies (APT) Announces Mills Fleet Farm Li..
AQ
02/14MASTERCARD : Love is still "in", mostly on Valentine's Day
AQ
More news
News from SeekingAlpha
02/17Venture capital deals of the week 
02/15Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q4 2017 Update 
02/13What Retirees Need To Consider Now That Market Volatility Is Back 
02/1215 Stocks That Are Bucking The Trend 
02/11Construct A Crash Resistant Income Portfolio 
Financials ($)
Sales 2018 14 469 M
EBIT 2018 8 013 M
Net income 2018 6 235 M
Finance 2018 1 917 M
Yield 2018 0,58%
P/E ratio 2018 29,56
P/E ratio 2019 25,08
EV / Sales 2018 12,7x
EV / Sales 2019 11,2x
Capitalization 186 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | 4-Traders
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 192 $
Spread / Average Target 9,6%
EPS Revisions
Managers
NameTitle
Ajay Banga President, Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Martina Hund-Mejean Chief Financial Officer
Silvio Barzi Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MASTERCARD13.98%182 641
VISA5.97%273 825
PAYPAL HOLDINGS6.35%92 872
PALO ALTO NETWORKS INC9.27%14 552
MIMECAST LTD16.57%1 968
XIAMEN MEIYA PICO INFORMATION CO LTD--.--%1 677