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%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mastercard demands termination of cannabis purchases on its debit cardsMastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
Source: Reuters - 🏆 2. / 97 Read more »
Mastercard moves to stop cannabis purchases with its debit cardsMastercard Inc. has demanded that U.S. financial institutions block cannabis purchases on its debit cards, in another setback for the legal marijuana industry.
Source: MarketWatch - 🏆 3. / 97 Read more »
Mastercard blocks marijuana transactions on debit cards, citing federal illegalityMastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United Sta…
Source: nypost - 🏆 91. / 67 Read more »
Don’t let people buy pot with debit cards, Mastercard tells banksMastercard has told U.S. banks to stop allowing marijuana purchases with its debit cards, highlighting the legal and financial gray area the industry exists within even as more states legalize the drug.
Source: washingtonpost - 🏆 95. / 72 Read more »