4.0
Jan 7, 2025
Former employee, more than 3 years
Johannesburg
Recommend
CEO approval
Business Outlook
Pros
The company has a very collaborative work culture Mastercard employees work at the leading edge of payments innovation
Cons
The collaborative culture often results in slow decision making, Internal processes typically require inputs form multiple people and often it isn't clear who is accountable for making things happen. Although Mastercard is embracing new payment technologies, the bulk of the business is dependent on a legacy model that is under fire from multiple sources. Core credit card payments are likely to dwindle as a percentage of payments over time, and it isn't clear that Mastercard (or Visa, Amex, Diners Club etc.) is going to be able to pivot quickly enough to maintain their market dominance.