Mastercard is focused on expanding into new networks to drive growth in different areas and enhance its global payment networks to benefit customers. A key focus for the company is integrating digital identification and open banking into its core payment services. Digital identification has become crucial for accessing government services and online shopping in many countries. Meanwhile, open banking assets provide connectivity to a vast number of deposit accounts in the US and banks across Europe, improving the customer experience for services like bill pay from companies like 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 the high-quality payment services that customers expect on a daily basis. The responsibility of 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.