Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

MasterCard Said Processed Transactions Climbed Through Nov. 28

Don't Miss Out —
Follow us on:

Dec. 1 (Bloomberg) -- 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.

To contact the reporter on this story: Peter Eichenbaum in New York at peichenbaum@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.