How We Expect MasterCard’s Direct Expenses To Trend Going Forward

-2.01%
Downside
481
Market
471
Trefis
MA: Mastercard logo
MA
Mastercard

Master Card (NYSE: MA) has tried to expand its network of co-branding partners over the past few years. As a result of this, the company has grown the number of its cards in circulation and also achieved a higher spend per customer on its cards in circulation, compared to competitors like Visa and American Express. Over the next few years, we expect the company to continue on the same path, spending on rebates and incentives and trying to bring more customers into its payment network and network of co-branding partners. Consequently, we expect expenses on revenues from transaction fees — which are a sum of interchange fees paid to issuing banks, maintenance fees for servers and databases and settlement fees paid to acquiring banks — to drive its growth in expenses.

mastercard expenses trend

Have more questions about MasterCard? See the links below:

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for MasterCard
Interactive Institutional Research (Powered by Trefis):
Relevant Articles
  1. Up 36% Since The Start Of 2023, Where Is Mastercard Stock Headed?
  2. Where Is Mastercard Stock Headed?
  3. Where Is Mastercard Stock Headed?
  4. What To Expect From Mastercard Stock?
  5. Mastercard Stock Likely To Top The Earnings Consensus In Q4
  6. Is Mastercard Stock Fairly Priced?

Global Large CapU.S. Mid & Small CapEuropean Large & Mid Cap |More Trefis Research