Strong Fourth Quarter for MasterCard

Strong Fourth Quarter for MasterCard

MasterCard, the world's second-largest credit and debit card network, reported fourth-quarter revenue of $1.9 billion, an increase of 9.7% from a year earlier. Card use increased as consumers continue to switch from cash and checks.

Purchase volume increased 13% from a year ago. Transactions processed increased 20% to 9.2 billion, a drop from the 24% growth rate in the third quarter.

U.S. credit purchase volume increased 4.1% to $140 billion, compared with a 3.2% growth rate in the third quarter.

MasterCard profit increased to $605 million, up from $19 million a year earlier. Profit in the fourth quarter of last year was affected when the company took a litigation charge of $495 million.

This entry was posted in Credit Card News and tagged , , , by Natalie Rutledge. Bookmark the permalink.
The information contained within this article was accurate as of February 1, 2013. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website.
Editorial Disclosure is an independent, for-profit web site. participates in the Affiliate Network, and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site. does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.

About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at