MasterCard has announced financial results for the first quarter 2012.
- Net revenue was $1.8 billion, a 17% increase versus the same period in 2011. On a constant currency basis, net revenue increased 19% compared to the same period in 2011.
- Worldwide purchase volume during the quarter was up 17% on a local currency basis versus the first quarter of 2011, to $629 billion.
- As of March 31, 2012, the company’s customers had issued 1.8 billion MasterCard and Maestro-branded cards.
- Cross-border volume was up 18%.
Press release, supplemental operating results, and an accompanying investor presentation are available on the MasterCard website.