Dear Class of 2016 – CONGRADUATIONS! You’re about to enter the workforce. Did you see all those credit card companies – Visa, MasterCard, American Express and Discover – exhibiting at random places on your campus the last few weeks of classes and exams? They’re there to sign you up for a credit card with incentives…
Tag: MasterCard
MasterCard Momentum Takes Visa by Surprise
With MasterCard shares trading at $547.73, the company’s continued success has taken the United States and its competitor, Visa, by surprise. As a result of the Durbin amendment, Mastercard had a 15% increase in debit and prepaid Gross Development Value (GDV) in 2012. The bill requires that banks with more than $10 billion in assets…