MA Stock Recent News

MUMBAI, India & PURCHASE, N.Y.--(BUSINESS WIRE)--During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation's largest payments players, including payment aggregators such as Juspay, Razorpay and PayU, online merchants such as bigbasket and leading banks such as Axis Bank, the service will give milli.

Mastercard (MA) provides contactless fare payments on Hong Kong's MTR, enhancing convenience for commuters and boosting digital payment adoption across the region.

MasterCard (MA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Central banks are tightening liquidity, but markets remain calm, expecting future easing. The Fed's next steps are uncertain, with potential rate cuts on the horizon. Investors should seek stability amid uncertainty. Quality companies with strong business models and reliable dividends offer safety during economic volatility. It's crucial to focus on resilient investments that can weather downturns, providing consistent returns and allowing for peace of mind even in unpredictable markets.

Concerns about Visa and Mastercard lagging the market and worries about spending by AmEx cardholders may be a warning sign.

The Investment Committee discuss the latest Calls of the Day.

Mastercard and its larger rival Visa are phenomenal businesses, with an essential duopoly and great margins. However, both of their stocks are expensive right now, and there could be better opportunities in the payments space.

Mastercard is a key player in the global payment facilitation industry, focusing on payment network growth and value-added services. Mastercard's shareholder rewards include reliable dividends with robust growth and significant share repurchases supported by strong cash-generation capabilities. The company is substantially more pricey than its close competitor - Visa; however, MA has consequentially delivered stronger revenue growth in recent quarters.

It's hardly a sleeper business, after all. In terms of valuations, it's relatively pricey to own.

Mastercard reportedly plans to lay off 3% of its global workforce — about 1,000 people — as part of a reorganization it announced earlier this year. Most of the employees who will be affected by the move will be notified by the end of the current quarter, Reuters reported Friday (Aug. 16), citing a Mastercard spokesperson.