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Mastercard profit jumps as stable spending drives transaction volumes

Mastercard profit jumps as stable spending drives transaction volumes 

- Mastercard MA.N posted a rise in second-quarter profit on Thursday, boosted by robust transaction volumes driven by steady consumer spending.

Its net income climbed to $4.4 billion, or $4.97 per share, in the quarter, compared with $3.7 billion, or $4.07 per share, a year earlier.


(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shinjini Ganguli)

((UtkarshUmesh.Shetti@thomsonreuters.com;))

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