MasterCard, Inc. is a technology company, which is engaged in the global payments industry. The company connects consumers, financial institutions, merchants, governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks. It offers a wide range of payment solutions that enables the development and implementation of credit, debit, prepaid, commercial and related payment programs and solutions for consumers and merchants. The company's customers include financial institutions and other entities that act as issuers and acquirers, merchants, governments, telecommunications companies and other businesses. MasterCard was founded in May 2001 and is headquartered in Purchase, NY.