“MasterCard, the world’s second-largest credit and debit card network, reported higher quarterly profits as consumers spent more with their cards.
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Net income in the first quarter was $682 million, or $5.36 a share, compared with $562 million, or $4.29 a share, a year earlier, the company said on Wednesday.
The global payments and technology company[MA 455.90 
] delivered revenue of $1.8 billion, up from $1.5 billion a year ago.
Analysts had expected the company to report earnings excluding items of $5.30 per share on revenue of $1.73 billion, according to a consensus estimate from Thomson Reuters….”
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