MasterCard Said Processed Transactions Climbed Through Nov. 28

MasterCard Inc., the world’s second- biggest consumer payments network, said global processed transactions increased about 6 percent from Oct. 1 through Nov. 28.

U.S. credit card spending climbed “in the low single digits” and debit spending rose “slightly,” said Chris McWilton, president of U.S. markets for Purchase, New York-based MasterCard, during an investor presentation today. Spending by cardholders outside their home countries advanced 19 percent, compared with 15 percent during the third quarter, he said.

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