New York, February 18, 2026, 15:19 ET — Regular session
- Mastercard picked up roughly 1.6% in the afternoon session, mirroring a broader climb across U.S. equities.
- Payments company said it’s teaming up with Ericsson, linking the partnership to its Mastercard Move platform.
- Investors want clarity on when and how much traction the rollout gets, as the scramble among money-transfer players intensifies.
Shares of Mastercard Inc moved higher Wednesday, following news of a new partnership with telecom equipment giant Ericsson. The collaboration targets broader digital money transfers via mobile wallets.
The deal’s important. Payment networks want new growth beyond the standard card swipe, so they’re pushing deeper into “money movement”—that is, services that move money between bank accounts and digital wallets, cross-border flows included.
It’s another test for investors, who want to see whether the latest rails and services are enough to hold margins in place—even if shoppers start to pull back and regulators remain focused on card fees.
Mastercard plans to plug Ericsson’s Fintech Platform into its Mastercard Move suite, expanding its existing money-movement services. The rollout starts in the Middle East and Africa, both companies said. Mastercard Move already extends across 200-plus countries and territories, according to the release. (Mastercard)
“Mastercard Move empowers payment service providers … delivering fast, secure and transparent transfers,” said Pratik Khowala, who heads Transfer Solutions globally at Mastercard, in the release. Ericsson’s Pavan Bachwal described it as progress toward rolling out payment services more quickly. (Ericsson)
Mastercard hasn’t shared details on the financials or potential revenue impact. Whether this pays off is tied to how fast telecoms and financial firms integrate and ramp up transaction volumes.
Visa and American Express shares posted gains, with U.S. stocks broadly rising as traders digested the latest rate signals and renewed geopolitical concerns. (Reuters)
The trade reverses quickly if adoption stalls, integration expenses mount, or cross-border flows lose steam. Money transfers face heavy competition, and customers tend to bolt when pricing shifts or reliability falters.
Mastercard is still riding the momentum from its last quarter, which saw the company top forecasts and announce a restructuring plan that brought job cuts and a one-off charge. (Reuters)
Investors now turn to upcoming management comments at key investor events, with a Morgan Stanley conference scheduled for March 4 and the Wolfe FinTech forum set for March 10. Money-movement trends are expected to be a focal point, potentially shaping sentiment heading into the next earnings period. (Mastercard)
