MasterCard announces 3Q 2012 financial results
MasterCard has announced financial results for the third quarter 2012.
- Net revenue for the third quarter of 2012 was $1.9 billion, a 5% increase versus the same period in 2011. Adjusted for currency, net revenue increased 10% compared to the same period in 2011.
- Worldwide purchase volume during the quarter was up 12% on a local currency basis versus the third quarter of 2011, to $676 billion.
As of September 30, 2012, the company’s customers had issued 1.9 billion MasterCard and Maestro-branded cards.
Cross-border volume was up 14%.