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
02:52p LOW CARD ACCEPTANCE AT INFORMAL ENTE : MasterCard research
11:55a GEMALTO : Deploy Your Digital Payment Solution Securely and Easily Via Gemalto's..
11:20a GEMALTO : Deploy your digital payment solution securely and easily via Gemalto`s..
12/12 WAYFAIR : advances AR strategy with mobile app 3D feature
12/12 MASTERCARD : New Mastercard Digital Platform Offers Holistic Management for Prep..
12/12 MASTERCARD : Cashing in on mobility to boost African E-commerce
12/12 GEMALTO : activates single gateway to connect Mastercard, Visa tokenisation serv..
12/11 MASTERCARD : UAE Exchange, Cleartrip launch pre-paid travel card
12/11 MASTERCARD : UAE Exchange launches gocash Cleartrip co-branded card and mobile a..
12/10 MASTERCARD : On the eve of the New Year holidays Bank Anelik launched a discount..
More news
News from SeekingAlpha
12/11 PAYPAL : Evaluating Performance, Growth, And Valuation After The Dip
12/06 MASTERCARD : Is The Recent Pullback A Buying Opportunity?
12/05 Tweedy, Browne Fund 2017 Semi-Annual Letter
12/04 Mastercard declares $0.25 dividend
12/04 Mastercard OKs $4B to new buyback program, hikes dividend by 14%
Financials ($)
Sales 2017 12 452 M
EBIT 2017 6 805 M
Net income 2017 4 872 M
Finance 2017 1 065 M
Yield 2017 0,59%
P/E ratio 2017 33,51
P/E ratio 2018 28,52
EV / Sales 2017 12,9x
EV / Sales 2018 11,4x
Capitalization 161 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | 4-Traders
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 41
Average target price 161 $
Spread / Average Target 5,7%
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$)
MASTERCARD45.17%159 731
VISA44.32%254 652
PAYPAL HOLDINGS84.72%88 088
PALO ALTO NETWORKS INC14.22%13 247
MIMECAST LTD60.56%1 606
XIAMEN MEIYA PICO INFORMATION CO LTD--.--%1 591