A presentation released Thursday Jan. in tandem with the earnings report indicated that worldwide gross dollar volumes were up year on year to trillion.Drilling down into specific markets, the United States GDV was up to billion. Within that figure, spending on debit cards surged by , outpacing, at least for the quarter, the gain in credit card spending.
The number of cards wielded by consumers and commercial clients pakistan mobile database across the globe was up to billion.Investors cheered the results and sent the shares up by more than in early trading Thursday.Cross-border payments volume was up , and the business update through the first few weeks of the year through Tuesday Jan. indicated that the year-over-year growth rate was .
During a conference call with analysts, CEO Michael Miebach said that the macroeconomic environment continues to perform well, and it is underpinned by healthy consumer spending as we’ve seen in today’s news. The labor market is strong with low unemployment and continued wage growth. Inflation has moderated, but to varying degrees across categories and countries, consumers remain engaged.
- Board index
- All times are UTC
- Delete cookies
- Contact us