The Traderszone Network

Published in TZ Latest News 29 July, 2015 by The TZ Newswire Staff

MasterCard’s revenue misses estimates on higher incentives

Shares of MasterCard, which operates the world’s second largest payment network, fell about 3 percent in premarket trading on Wednesday. MasterCard charges companies using its payment network for transactions on cards that carry its brands. The company usually pays higher incentives to its partners than larger rival Visa Inc (V.N).