MasterCard has announced financial results for the third quarter 2011.
- Net revenue for the third quarter of 2011 was $1.8 billion, a 27.3% increase versus the same period in 2010. On a constant currency basis, net revenue increased 23.8%.
- Worldwide purchase volume during the quarter was up 17.2% on a local currency basis versus the third quarter of 2010, to $628 billion. As of September 30, 2011, the company’s customers had issued 1.7 billion MasterCard and Maestro-branded cards.
- Cross-border volume was up 19.3%.
Press release, supplemental operating results, and an accompanying investor presentation are available on the MasterCard website.