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What happened
On October 29, Mastercard reported third-quarter net revenue of $9.8 billion, up 14% year over year. Purchase volume rose 9% in local currency and net income was $4.6 billion.
Why it matters
Transactions processed on the network offer a window into electronic payments and spending, though they do not represent total consumer expenditure.
Rockstar Briefing analysis
Revenue and volume growth show momentum on the network; pricing, currencies and transaction mix should be considered before extrapolating the pace.
Original source · AI-generated illustration.
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