Mastercard earnings bring the latest signal of healthy spending

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Mastercard became the latest payments company to call out healthy spending levels as it beat profit expectations for its latest quarter.

Mastercard Inc. became the latest payments company to call out healthy spending levels as the financial-technology giant beat profit expectations for its latest quarter.

Revenue... Mastercard Inc. became the latest payments company to call out healthy spending levels as the financial-technology giant beat profit expectations for its latest quarter. Gross dollar volume rose 12% in the quarter on a local-currency basis, while cross-border volume was ahead 24%. Switched transactions increased by 17%.

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