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
04/23MASTERCARD : Uzbekistan's online payment system Payme talks new services for VIS..
AQ
04/22ZENITH : The bank of choice for ghanaians
AQ
04/22MASTERCARD : Clark County plant sales help gardeners find right foliage to aid y..
AQ
04/20MASTERCARD : New mexico
AQ
04/20MASTERCARD : Evolving payments tech challenges merchants to keep pace with shopp..
AQ
04/20MASTERCARD : Credit card firms settle AG suit in New Mexico for $3.4M
AQ
04/20MASTERCARD : Bradford man confronted 12 tallies of Mastercard extortion and one ..
AQ
04/20Ecobank Takes a Step Closer to Reaching its 100 Million Customer Ambition by ..
AQ
04/20MASTERCARD : The First National Bank in Sioux Falls Partners With Corserv to Off..
AQ
04/20MASTERCARD : AG Balderas Announces Settlement With Visa & MasterCard Over Excess..
AQ
More news
News from SeekingAlpha
04/23Mastercard Is A Solid Option To Profit From Rising Inflation 
04/23OAKMARK GLOBAL SELECT FUND : Q1 2018 
04/23OAKMARK SELECT FUND : Q1 2018 
04/23OAKMARK EQUITY AND INCOME FUND : Q1 2018 
04/23OAKMARK GLOBAL FUND : Q1 2018 
Financials ($)
Sales 2018 14 506 M
EBIT 2018 8 020 M
Net income 2018 6 270 M
Finance 2018 2 491 M
Yield 2018 0,57%
P/E ratio 2018 29,33
P/E ratio 2019 24,98
EV / Sales 2018 12,7x
EV / Sales 2019 11,2x
Capitalization 186 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | 4-Traders
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 193 $
Spread / Average Target 10%
EPS Revisions
Managers
NameTitle
Ajaypal S. Banga President, Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Martina Hund-Mejean Chief Financial Officer
Silvio Barzi Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MASTERCARD16.99%186 179
VISA9.16%280 308
PAYPAL HOLDINGS6.94%93 467
PALO ALTO NETWORKS INC32.65%17 641
XIAMEN MEIYA PICO INFORMATION CO LTD--.--%2 397
MIMECAST LTD34.71%2 233