Earlier this month, I sat with our global summer intern class for a wide-ranging discussion. The questions were insightful and showed a real investment in our business. One intern asked me what was the most significant change I’ve seen at Mastercard. For me, it comes down to our deliberate and consistent diversification of our business.
We have intentionally invested over time to evolve and strengthen our business across geographies, products, customer segments, the choices in ways to pay – digitally and in-person — and value-added services and solutions. This has been an engine for growth and continues to deliver strong results, as reflected in our second-quarter 2025 performance, which we reported today.
These numbers reinforce how we deliver for consumers, businesses and partners across our network. They show the momentum we have created by launching new products, building deeper connections and solving more complex challenges. Importantly, they also point to the significant opportunities ahead. There are a few areas where the work of our team reinforces all of this:
Delivering a better consumer experience: We’re making it easier for people to connect, shop and pay by creating fast, secure and intuitive experiences. For example, more transit systems across all markets are seeing the value of tap to pay in getting their customers on their journeys faster.
Mastercard One Credential gives people more choice and control of their payment accounts through one single, secure digital identity in their banking app or wallet of their choice. When you add tokenzation to this, Mastercard technology brings us closer to a truly seamless, one-click checkout.
Enabling a smarter commercial experience: Commercial payments remain a critical part of the payments opportunity. Our virtual card solutions help businesses simplify invoiced payments while improving security and efficiency. Through partnerships with leading B2B platforms like Oracle and SAP Taulia, we’re embedding our technology directly into the platforms businesses rely on today. This makes commercial payments a more connected experience by making it easier to reconcile transactions, automate and scale.
Building services to support our payment transaction and beyond: And what powers both consumer and commercial experiences is our network. The strength of our network comes from connecting data, reach and technology at scale, allowing us to build customized solutions for banks, fintechs, merchants and marketplaces. That is the value we deliver beyond the transaction. A few examples include digital identify solutions, AI-powered fraud and threat intelligence services, open banking capabilities helping people put their financial data to work for them, and the new Mastercard A2A Protect, which bring the technology and protections you expect in a card payment to account-to-account payments.
The opportunities ahead of us are clear, as is our assignment – continued focus and execution. Delivering time and again – by providing people and businesses with the products and services to do more, grow faster and move with confidence – will reinforce Mastercard as the partner of choice.
