Mastercard Inc

Mastercard profit falls nearly 6pc on cross-border spending slump
Business & Finance

Mastercard profit falls nearly 6pc on cross-border spending slump

  • Net income, excluding exceptional items, fell to $1.7 billion, or $1.74 per share, from $1.8 billion, or $1.83 per share, a year earlier. *Over the past year, major card companies and payment processors have been hit by a near collapse in travel demand and spending on non-essentials during the COVID-19 pandemic.
Published 29 Apr, 2021 06:05pm