MA · News · 20260914N

Cross-Border Card Program Partnership

Mastercard Inc · 2026-09-14 · Importance 31 · Surprise 42 · In source text

Mastercard partnered with KEO Capital AB to support issuance of Mastercard-branded cards under KEO’s cross-border program. KEO said the program can access Mastercard’s network spanning more than 200 countries and territories. Mastercard processed more than $10 trillion in gross dollar volume during 2025, although the reports did not disclose expected revenue, investment, or implementation costs from the partnership.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—KEO Capital will be granted the ability to issue Mastercard-branded cards as part of its cross-border program.