Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  MasterCard    MA

MASTERCARD (MA)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

MasterCard : Maestro, Electron give way to MasterCard, Visa in Europe

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 09:11pm CEST

Bankcard issuers in Europe are upgrading cards from Maestro and Electron -- particularly debit cards -- to MasterCard and Visa, taking advantage of the wider acceptance the latter brands now enjoy worldwide, according to the RBR report, Global Payment Cards Data and Forecasts to 2022.

Upgrading allows issuers to increase the number of merchant outlets in which their cards can be used -- particularly for online payments -- to increase transaction volumes and revenues.

The move is also popular with their customers, who increasingly expect to pay by card, RBR said. The number of Maestro and Visa Electron cards dropped 2 percent and 10 percent respectively in 2016, while MasterCard and Visa issuance grew by grew by 9 percent and 6 percent.

Overall, the number of payment cards in Europe grew 2 percent in 2016 to 1.5 billion. The number of MasterCard-branded cards (including Maestro and MasterCard Electronic) grew to 691 million, a share of 45 percent.

The Visa family of cards (including Visa Electron and V PAY) accounted for 44 percent. Private label cards held a share of 6 percent and domestic cards represented 4 percent of the total.

Domestic schemes are in decline in Europe, according to RBR. Where they do exist, they often coexist with an international scheme on the same card. The domestic scheme is typically used for payments within the country of issuance, while the international scheme is used for all other payments.

These "dual-badged" cards are widespread in several of Europe's larger markets, including France, Germany and Italy.

Domestic schemes accounted for 25 percent of all card payments in Europe in 2016, and have increasingly tried to keep up with international schemes with features such as contactless functionality and e-commerce capability, according to the report.

MasterCard and Visa will remain the largest schemes in Europe, but may see increased competition from newer players, RBR.

"2016 proved to be another strong year for MasterCard and Visa in Europe, with both schemes witnessing solid growth in card issuance," said Daniel Dawson, who led the RBR study. "It will be interesting to see if this continues, particularly in light of the emergence of UnionPay, which almost doubled its presence in Europe last year."

Copyright © 2017 Networld Media. All rights reserved., source Industry News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MASTERCARD
07/19MASTERCARD : United Bank for Africa limited rewards winners of MasterCard Promot..
AQ
07/19MASTERCARD : is First Payments Player to Receive Approval for Science-Based Emis..
PU
07/19WIRECARD : brings more wearable payment options to Europe via Mastercard deal
AQ
07/19MASTERCARD : Smart cities hold the key to a more connected and inclusive future ..
AQ
07/19MASTERCARD : Smart cities hold the key to a more connected and inclusive future ..
AQ
07/18MASTERCARD : Smart cities hold key to more connected, inclusive future
AQ
07/18MASTERCARD : targets major blockchain breakthrough
AQ
07/18MASTERCARD : launches platform for tech partners
AQ
07/18MASTERCARD : Sustainable lending a must for a successful Credit Card business
AQ
07/18ISIGNTHIS LTD (ASX : ISX) Mastercard (NYSE:MA) Relationship Extended to Australi..
AQ
More news
News from SeekingAlpha
07/20Beauty Lies In The Eye Of The Investor - Cramer's Mad Money (7/19/18) 
07/19Spotlight on Visa and Mastercard ahead of earnings 
07/19Payments sector upgraded by Morgan Stanley 
07/19American Express Oversold On Revenue Miss; Earnings And Revenue Outlook Is Pr.. 
07/19How To Benefit From The Autonomous Vehicle Trend Starting As Soon As 2019 
Financials ($)
Sales 2018 14 991 M
EBIT 2018 8 316 M
Net income 2018 6 543 M
Finance 2018 1 740 M
Yield 2018 0,49%
P/E ratio 2018 33,02
P/E ratio 2019 28,03
EV / Sales 2018 14,4x
EV / Sales 2019 12,7x
Capitalization 218 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | 4-Traders
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 214 $
Spread / Average Target 3,9%
EPS Revisions
Managers
NameTitle
Ajaypal S. Banga President, Chief Executive Officer & Director
Ari Sarker Co-President-Asia Pacific
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Martina Hund-Mejean Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
MASTERCARD36.57%217 693
VISA22.90%315 587
PAYPAL HOLDINGS18.69%104 751
PALO ALTO NETWORKS INC48.05%20 083
AVAST PLC0.00%2 895
MIMECAST LTD45.76%2 482