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Topic

Mastercard Inc

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

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

Published 29 Apr, 2021 06:05pm
  • 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.

Mastercard, Uber extend partnership

Updated 07 Apr, 2021 09:54am
KARACHI: Mastercard and Uber extend their partnership to boost payment digitization and advance financial inclusion...
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