|Bid||0.00 x 800|
|Ask||222.49 x 1200|
|Day's Range||220.48 - 222.35|
|52 Week Range||167.94 - 225.35|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||39.66|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||1.32 (0.60%)|
|1y Target Est||237.32|
Credit-card companies are increasing a range of fees that U.S. merchants will pay to process transactions, a move likely to inflame already fractious relations between many businesses and card networks. Visa Inc. and Mastercard Inc., the two biggest U.S. card networks, are preparing increases to certain existing fees that will kick in this April, according to people familiar with the matter. Some of the changes relate to so-called interchange fees.
Some of the changes (https://on.wsj.com/2TR68v6) relate to so-called interchange fees, the report said. Interchange fees are what merchants pay to banks when consumers use a credit or a debit card to make a purchase from their store. Fees that Mastercard and Visa charge financial institutions, such as banks, for processing card payments on behalf of merchants, are also set to go up, the report said.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening: Zynga : "This has become an up stock, but it remains speculative.
It shows the rise in worldwide card spending from 2011 to 2017, including forecasts suggesting the value of card payments will reach $45tn by 2023. Payment cards were used for purchases totalling $25.1tn in 2017, a 13 per cent increase on the previous year. Analysis from RBR, a retail banking research consultancy, shows that the Asia Pacific region spent the most via payment cards in 2017 at over $12tn, a 205 per cent rise on 2011.
NEW DELHI (Reuters) - Data localisation, e-commerce legislation and the generalised system of preferences (GSP) were not expressly discussed during talks between the United States and India, U.S. Ambassador ...
Data localisation, e-commerce legislation and the generalised system of preferences were not expressly discussed during talks between the United States and India, U.S. Ambassador Kenneth Juster said on ...
Mastercard Inc.’s incoming finance chief will help lead the credit-card company’s expansion into adjacent businesses as new competition from technology companies continues to transform the payments industry....
Barclays analyst Ramsey El-Assal said that Mastercard Inc.'s recently announced chief-financial-officer change likely "represents a pre-planned, orderly transition." The company said Wednesday morning that CFO Martina Hund-Mejan would be retiring as of the end of March. Mastercard will replace her with Sachin Metra, currently the chief financial operations officer. "We expect Mr. Mehra to follow a similar approach as his predecessor," El-Assal wrote. "We further believe MA has been methodically rotating Mr. Mehra into key roles in preparation for this move, and we note that over the past year he has worked side-by-side with Ms. Hund-Mejean." Mastercard's stock is up 0.7% in Wednesday trading, and it's gained 11% over the past three months. The S&P 500 has risen 1% in that time.
Mastercard Inc is a technology company that generates revenue by charging fees to its customers based on both the dollar volume of card activity and the number of transactions processed through the network. The dividend yield of Mastercard Inc stocks is 0.49%. Mastercard Inc had annual average EBITDA growth of 13.60% over the past five years.
Mehra will take over Hund-Mejean's position as CFO on April 1, and will report to Ajay Banga, the company's chief executive officer. Mehra, who hails from India, joined the Purchase, New York-based payments processor in 2010 as group executive and treasurer, after stints with Hess Corp and General Motors.
Two of the biggest U.S. card networks, Visa and Mastercard, are preparing to increase a range of fees that merchants will pay to process transactions. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with Sibile Marcellus.
Yahoo Finance's Jackie DeAngelis, Emily McCormick, Seana Smith, and Brian Cheung discuss the proper etiquette for Venmo.