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MasterCard quarterly profit rises 10 pct
July 31, 2014 / 12:05 PM / in 3 years

MasterCard quarterly profit rises 10 pct

July 31 (Reuters) - MasterCard Inc, the world’s second-largest debit and credit card company, posted a 10 percent rise in quarterly profit, as more customers used cards to make purchases.

The company’s net income rose to $931 million, or 80 cents per share, in the second quarter ended June 30, from $848 million, or 70 cents per share, a year earlier.

Net revenue rose 13.4 percent to $2.38 billion. (Reporting by Tanya Agrawal and Amrutha Gayathri; Editing by Simon Jennings)

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