Mastercard earnings bring the latest signal of healthy spending

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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.

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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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