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Mastercard NAICS Code

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High ConfidencePurchase, New York, United Statesmastercard.com
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About Mastercard

Mastercard Inc., formerly known as MasterCard Inc., is the second-largest payment-processing corporation globally. It provides a range of financial services and operates from its headquarters in Purchase, New York. The company specializes in processing payments between merchants and card-issuing banks or credit unions for purchasers who use Mastercard-branded debit, credit, and prepaid cards for purchases. Since 2006, Mastercard has been publicly traded and was created by a group of banks and regional bankcard associations in response to the BankAmericard issued by Bank of America. Prior to its initial public offering, MasterCard Worldwide was a cooperative owned by over 25,000 financial institutions that issued its branded cards.

Primary NAICS Classification

522320Financial Transactions Processing, Reserve, and Clearinghouse Activities

Evidence

Financial ServicesPrepaid CardsCredit UnionFinancial Data AnalyticsMobile Payment PlatformsCross-border Payment ServicesPayment Processing ServicesCommercial Payment SolutionsMerchant Acquiring ServicesDebit Card ProgramsFinancial Transaction ServicesContactless Payment Technology

Also Classified Under

522299International, Secondary Market, and All Other Nondepository Credit Intermediation

Revenue Breakdown by NAICS

Estimated revenue distribution across industry classifications:

Core Offerings

  • •Open Banking Solutions Delivery
  • •Travel Payment and Booking Services
  • •Payment Card Issuance Services
  • •Account Information Services
  • •Online Payment Solutions
  • •Open Finance Solutions Development
  • •Payment Initiation Services
  • •Cybersecurity Financial Solutions
  • •Contactless Smart Card Solutions
  • •Business Expansion Enablement Services
  • •Payment Transaction Processing Services
  • •Artificial Intelligence Financial Solutions
  • •Financial Technology Innovation Services
  • •Merchant Cloud Platform Services

Technologies

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Code Crosswalks

SystemCodeTitle
SIC6099Functions Related to Depository Banking, NEC (electronic funds transfer networks and clearinghouse associations)
SIC7389Business Services, NEC (credit card and check validation service)
SIC6153Short-Term Business Credit Institutions, Except Agricultural (credit card service)
NACE66.19Other activities auxiliary to financial services, except insurance and pension funding
ISIC6619Other activities auxiliary to financial service activities

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