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Mastercard reports strong Q4 profits, beating expectations with a 17% revenue increase.
Mastercard reported strong Q4 profits, exceeding analysts' expectations, with earnings of $3.82 per share.
Driven by holiday spending and a resilient economy, the company saw a 12% rise in gross dollar volume and a 17% increase in revenue from value-added services.
Cross-border spending surged 20%, boosted by travel and cryptocurrency purchases.
The company's shares rose 3.8% following the announcement.
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Mastercard reporta fuertes ganancias Q4, superando las expectativas con un aumento de los ingresos del 17%.