Topic: MasterCard Inc.

Card company results show waning credit card use

Rise of debit cards, waning credit card use highlights fourth quarter from MasterCard, VisaShoppers still reach for plastic at the checkout, but the card they grab most often these days is a debit card, not a credit card. That was spelled out Thursday in MasterCard Inc.'s fourth-quarter results. The ...
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MasterCard profit misses Street view

NEW YORK (Reuters) - MasterCard Inc <MA.N> posted quarterly earnings that fell short of Wall Street forecasts due to higher-than-expected costs, sending its shares down nearly 7 percent in premarket trade. The world's No. 2 credit card network also logged an after-tax severance charge that shaved earnings ...
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Earns Mastercard

Earns Mastercard
In this Dec.11, 2009 photo, a sign for MasterCard credit cards is shown on the entrance to a bank, in New York. MasterCard Inc. said Thursday, Feb. 4, 2010, its fourth-quarter profit jumped 23 percent after the payment processor raised prices and it handled more transactions.(AP Photo/Mark ...
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Report: Online sales up 5 percent during holidays

Online sales up 5 percent during holiday season, reversing last year's decline, report saysSpending at online retailers rebounded this holiday season, growing more quickly than in traditional stores, according to figures from comScore. The market research firm said Wednesday that e-commerce sales from Nov. 1 to Christmas Eve were ...
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