MasterCard Achieves Solid Second Quarter Growth
MasterCard Achieves Solid Second Quarter Growth in the Asia/Pacific, Middle East & Africa Region
Auckland, 6 August 2010 - MasterCard Incorporated announced solid second quarter 2010 results for the Asia/Pacific, Middle East & Africa (APMEA)[1] region. For the quarter ending 30 June 2010, the region witnessed growth in gross dollar volume (17.8%)[2], purchase volume (14.5%)2, purchase transactions (16.4%), cash transactions (32.1%) and cards issued (10.0%) versus the same period in 2009.
As of 30 June 2010, 281 million MasterCard cards (excluding Maestro® and Cirrus®) had been issued by MasterCard customer financial institutions across APMEA. Cardholders in the region made 1,173 million purchase transactions in the second quarter of 2010 and could use their MasterCard cards at 30.6 million acceptance locations worldwide.
“We are pleased with our region's second quarter results,” said Vicky Bindra, president, Asia/Pacific, Middle East & Africa, MasterCard Worldwide. “We understand that to successfully compete in today’s business environment, we must cater to customers and markets that exhibit unique needs and wants. Our market segmentation strategy has strengthened MasterCard’s competitive position to serve the needs of our customers."
For the quarter ending 30 June 2010, the Maestro® brand mark appeared on 206 million cards in APMEA. Consumers can now make debit point of sale purchases with their Maestro cards at 1.3 million merchant locations in APMEA.
In addition to the performance highlights, MasterCard in the APMEA region also reported a number of significant achievements for the quarter ending 30 June 2010.
ENDS