21 Hrs
Source:
الاقتصادية
Mastercard Earnings Beat Expectations
Mastercard announced strong financial results for the second quarter of the year, surpassing Wall Street’s earnings expectations thanks to stable consumer spending, despite geopolitical challenges. Transaction volumes increased by 8%, reaching $2.9 trillion, while earnings per share rose to $5.04 and revenues to $9.3 billion, reflecting a 14% growth. The company continued to see growth in cross-border payment volumes and value-added services, supporting expansion in areas such as fraud detection and cybersecurity, amid increasing reliance on stablecoins in the payments sector.
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