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Rising Digital Payments to Support Mastercard’s Long-Term Growth

Andrew Brunton
Rising Digital Payments to Support Mastercard’s Long-Term Growth

In the last few years, global cashless transaction volumes have grown drastically due to increased Internet and mobile penetration, robust e-commerce growth, and POS (point of sale) transactions. The rapid adoption of digital payments is expected to increase the usage of products offered by payment processing companies like Mastercard (MA). Additionally, the decreased cost of digital payment acceptance could fuel the company’s growth.