Lively online shopping lifts Mastercard profit

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US retail sales rose to their highest in one-and-a-half years in March, according to data published earlier in April

Bengaluru — Mastercard beat Wall Street's estimates for quarterly profit on Tuesday, as a strong US job market and a boom in online shopping boosted transaction volumes on the company's payment network.

, with almost all sectors including vehicles, electronics, appliances and food and beverages registering growth.

 

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