Mastercard is expanding into new networks to drive growth and enhance its global payment services for customers. The company is focused on integrating digital identification and open banking into its core payment offerings, which has become crucial in many countries for accessing government services and online shopping. Open banking assets provide connectivity to a vast number of deposit accounts in the US and banks across Europe, improving the customer experience for bill pay services from companies such as Verizon and Worldpay.
Looking ahead to 2024, Mastercard is committed to building a smarter, safer, and more inclusive digital future. The company aims to continue providing high-quality payment services that customers expect on a daily basis. Meeting these expectations is at the forefront of Mastercard’s focus, driving the company’s efforts to innovate and create value for its customers, partners, account holders, and shareholders.
