Andrea Scerch is the president of Processing Services, which includes three business lines: Payment Gateway Services through which Mastercard enables merchants to accept digital payments across multiple channels, brands, and markets; Payment Transaction Services, the company’s technology provider that helps issuers and acquirers process payments; and Prepaid Management Services which acts as an end-to-end program manager that delivers prepaid programs backed by the company’s safety, security and acceptance. He also sits on the company’s management committee.
Prior to this role, Andrea led Mastercard Payment Gateway Services, where he was instrumental in transforming the business into a successful global business with a strong growth trajectory. In this capacity, he also spearheaded the integration of multiple businesses, including Transaction Network Services, which was acquired in 2014.
Andrea joined Mastercard in 2005 as the head of strategy for Europe before assuming the role of division president for Central Europe markets (Italy, Alpine, Greece and Germany). Under his leadership, the company strengthened its position across the region, achieved strong growth, and successfully deployed new payment technology in the markets.
Before joining Mastercard, Andrea was an Associate Principal at McKinsey & Company in Italy, where he worked with large, Pan-European retail banks leading strategic projects on key business topics. Prior to that, Andrea was a Financial Analyst with Consob, Capital Markets Divisions in Milan, and a Senior Auditor with Price Waterhouse Coopers in Rome, Italy.
Andrea holds an MBA from INSEAD in Fontainebleau, France and has a degree in Economics and Business Administration, from La Sapienza University of Rome, Italy.