Motley Fool contributor Nick Rossolillo discusses why he owns Mastercard (MA 1.33%) stock. He covers everything from the risks posed by blockchain tech to Mastercard's strong balance sheet. Mastercard already has the infrastructure built for digital payments, so each new customer generates huge profits.

Check out the video for his full thoughts!

*Stock prices used were the midday prices of Oct. 3, 2022. The video was published on Oct. 4, 2022.