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This statistic highlights MasterCard’s Cards by Region, split between APMEA (Asia-Pacific, Middle East, and Africa), Canada, Europe, Latin America, and United States, reported from Q1 2016 onwards.
Mastercard is a global payments technology firm that connects customers, financial institutions, merchants, governments, digital partners, enterprises, and other organizations across the globe to enable them to utilize electronic payment methods instead of cash and check. The company’s family of well-known brands, including Mastercard, Maestro, and Cirrus, make payments simpler and more efficient by delivering a wide variety of payment solutions and services. Mastercard runs a multi-rail network that provides consumers with a single point of contact for domestic and cross-border payments.
The following table sheds more light on each of the regions with the number of Mastercard cards and their contribution to the company’s overall top line.
|Region||Q1 2020||Q1 2021||YOY Growth||Cards Share in Q1 2021|
(All figures in millions, except percentages)
MasterCard’s Cards by Region represents the number of card (Credit and Debit card) holders in that region for a particular period. If a person uses two cards then it counted as two cards.
According to the graph, MasterCard’s Cards by Region has increased consistently quarter by quarter, from 1,557 million in Q1 2016 to 2390 million in Q1 2021. During these 5 years, it has increased by 53.50%.
Mastercard was a cooperative that was owned by the over 25,000 financial institutions that issued its branded cards. The company is listed on the NYSE under the ticker MA and has a market capitalization of $367.1 billion as of May 2021. On May 25, 2006, the company, which was founded as a bank cooperative, went public, selling 95.5 million shares for $39 each. Mastercard has acquired 22 companies including Ekata, IfOnly, and many more. Mastercards faces tough competition with Visa, PayPal, UnionPay International, Capital One, and American Express.
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