Settlement Payables
Current LiabilitiesMastercard Settlement Payables decreased by 9.5% to $2.42B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $2.13B to $2.42B. Over 4 years (FY 2020 to FY 2024), Settlement Payables shows an upward trend with a 11.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ3 2015
Last reportedQ3 2025
How to read this metric
Increases typically correlate with higher transaction volumes, reflecting the scale of the company's payment processing business.
Detailed definition
Settlement payables represent the funds owed to merchants or financial institutions resulting from processed payment tra...
Peer comparison
Specific to payment processors and clearing houses; highly correlated with transaction volume growth.
Metric ID:
settlement_payablesHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $569.00M | $496.00M | $913.00M | $547.00M | $672.00M | $1.05B | $1.11B | $870.00M | $1.14B | $992.00M | $1.40B | $1.82B | $1.59B | $2.13B | $2.32B | $2.44B | $2.68B | $2.42B |
| QoQ Change | — | -12.8% | +84.1% | -40.1% | +22.9% | +56.8% | +5.4% | -21.7% | +31.3% | -13.1% | +41.0% | +30.4% | -12.6% | +33.6% | +8.8% | +5.4% | +9.6% | -9.5% |
| YoY Change | — | — | — | — | +18.1% | +112.5% | +21.7% | +59.0% | +69.9% | -5.9% | +25.9% | +109.7% | +39.6% | +114.6% | +65.5% | +33.8% | +67.9% | +13.8% |
Range$496.00M – $2.68B
CAGR+40.6%
Avg YoY Growth+53.3%
Median YoY Growth+49.3%
Settlement Payables at Other Companies
Frequently Asked Questions
- What is Mastercard's settlement payables?
- Mastercard (MA) reported settlement payables of $2.42B in Q3 2025.
- How has Mastercard's settlement payables changed year-over-year?
- Mastercard's settlement payables increased by 13.8% year-over-year, from $2.13B to $2.42B.
- What is the long-term trend for Mastercard's settlement payables?
- Over 4 years (2020 to 2024), Mastercard's settlement payables has grown at a 11.9% compound annual growth rate (CAGR), from $1.48B to $2.32B.
- What does settlement payables mean?
- Funds held by the company that are owed to merchants or banks for processed payments.