Visa profit beats estimates as discounts fuel holiday shopping splurge
Visa's first-quarter profit beat Wall Street estimates on Thursday, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the holiday shopping season. Reta
Visa profit jumps on strong holiday spending
Payments volume - a gauge of overall consumer and business spending on Visa (NYSE: V )'s network - jumped 9%. Net revenue climbed 10% to $9.5 billion in the first quarter.
Mastercard's Profit Jumps on Resilient Consumer Spending
Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending in the holiday season. The company's shares rose 3.7% to $569 in premarket trading.
Mastercard's quarterly profit beats on robust holiday spending
Mastercard reported a fourth-quarter profit that beat Wall Street estimates as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the payments processor's shares up 3.
Mastercard Incorporated Q4 Profit Increases, Beats Estimates
Mastercard Incorporated (MA) revealed earnings for its fourth quarter that increased from the same period last year and beat the
Mastercard shares up after Q4 profit beats estimates
Mastercard Inc (NYSE:MA)shares were up roughly 2% at $560 before the opening bell after company reported a better-than-expected quarterly profit, as robust consumer spending helped drive higher transaction volumes.
Mastercard's profit jumps on strong holiday spending
Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the company's shares up 2% before the bell.
Mastercard and Visa accused of enabling payments for child sexual abuse content, report claims
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters ...
Exclusive: Mastercard, Visa failed to stop payments on OnlyFans for child sex-abuse content, says whistleblower
The credit-card companies knew people were using their networks to pay for illegal content since at least 2021, the ...
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Visa, Mastercard 'Directly Handling the Proceeds' of Child Sexual Abuse Material: Official Docs
A whistleblower asserted that Visa and Mastercard failed to prevent the laundering of funds related to child sexual abuse ...
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Mastercard, Visa failed to stop OnlyFans payments for child sex abuse content, whistleblower says
Mastercard and Visa said they hadn’t heard of the 2023 whistleblower complaint until Reuters contacted them. They disputed the complaint’s allegations and cited their efforts to keep their ...
X seals payments deal with Visa in push toward Musk's 'everything app' goal, source says
Payments giant Visa and Elon Musk's X are partnering to offer direct payment solutions to customers of the social media app, ...