Mastercard is the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. As the world transitions to a more cashless society, Mastercard’s value has continued to soar. Shares of the company have seen nearly 100% gain over the past 5 years, outperforming American Express, Discover and even Visa. So how is Mastercard able to generate so much revenue and how does it set itself apart from the rest of its competitors?
Chapters:
00:00 — Cold Open
01:29 — Business model
03:48 — Revenue & competition
08:16 — Future
Produced & Edited by: Juhohn Lee
Animation: Alex Wood & Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Mastercard
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How Mastercard Plans To Beat Visa