MasterCard: Second quarter growth figures

MasterCard has announced its growth figures for the second quarter, 2002.

"The first half of 2002 was an historic time for MasterCard, as we completed our integration with Europay International and our conversion to a unified, shareholder-owned global payments company," said Robert W. Selander, MasterCard's President and CEO. "The strong growth we are announcing today clearly demonstrates that even in a weak global economy, our members and their customers are increasingly turning to MasterCard as their payment brand of choice." "Moving forward, we expect that the new global MasterCard organization will provide even greater business-building opportunities to the industry by delivering creative, high-quality and reliable payments solutions to customers, whether they operate in one country, on one continent, or in markets around the world," he said.