Strong Revenue and Income Growth
Net revenues increased by 17% and adjusted net income rose by 13% year-over-year on a non-GAAP currency-neutral basis.
Growth in Consumer Payments
73% of in-person switch transactions are contactless and 35% of all switch transactions are tokenized, reflecting significant adoption of new payment technologies.
Expansion in Crypto Payments
Mastercard is collaborating with cryptocurrency platforms to enable crypto spending at over 150 million acceptance locations, and has enabled stablecoin settlement on its network.
Commercial Payment Solutions
Launched new commercial point-of-sale solutions and entered into a partnership with Corpay to enhance cross-border payment solutions.
Strong Cross-Border Volume Growth
Cross-border volume increased by 15% globally, reflecting continued growth in both travel and non-travel related cross-border spending.
Record-Breaking Transaction Growth
Switch transactions grew by 9% year-over-year, with card growth at 6% and over 3.5 billion Mastercard and Maestro-branded cards issued globally.