Mastercard Profits Increases 21% on Card Spending

Mastercard Profits Increases 21% on Card Spending Play

May 2 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that MasterCard Inc., the world’s second-biggest payments network, reported a 21 percent increase in first-quarter profit as card spending rose and the firm took a bigger share of the market. She speaks on Bloomberg Television's "In The Loop."

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