Mastercard Incorporated is an American multinational financial services corporation headquartered in New York. Together with Visa, it has created a duopoly in many financial services.
Members of the European Parliament have expressed concern that payments from European citizens to a European corporation could apparently be blocked by the United States, and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.
Corporate branding of all Nigerian ID Cards
In 2014, pursuant to an agreement between Mastercard and the Nigerian Government, acting through the National Identity Management Commission, the new Nigerian ID cards will bear the Mastercard logo, contain personal database data and double as payment cards, irrevocably linking such payments to the individuals.