FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Seshadri Raj
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/1/2020 

3. Issuer Name and Ticker or Trading Symbol

Mastercard Inc [MA]
(Last)        (First)        (Middle)

2000 PURCHASE STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
President, Data & Services /
(Street)

PURCHASE, NY 10577      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 3619.33 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)  (1)3/1/2027 Class A Common Stock 17664.0 $112.31 D  
Employee Stock Option (right to buy)  (2)3/1/2028 Class A Common Stock 10392.0 $173.49 D  
Employee Stock Option (right to buy)  (3)3/1/2029 Class A Common Stock 10372.0 $227.25 D  

Explanation of Responses:
(1) The reporting person was awarded 17,664 employee stock options on March 1, 2017, of which 8,832 have vested. The remaining 8,832 employee stock options will vest in two equal annual installments beginning on March 1, 2020.
(2) The reporting person was awarded 10,392 employee stock options on March 1, 2018, of which 2,598 have vested. The remaining 7,794 employee stock options will vest in three equal annual installments beginning on March 1, 2020.
(3) The reporting person was awarded 10,372 employee stock options on March 1, 2019, which will vest in four equal installments beginning on March 1, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Seshadri Raj
2000 PURCHASE STREET
PURCHASE, NY 10577


President, Data & Services

Signatures
/s/ Craig Brown, as attorney-in-fact for Raj Seshadri, pursuant to a power of attorney dated January 7, 20201/13/2020
**Signature of Reporting PersonDate

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