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Juan Lagorio - Analysis 5 分で読む NEW YORK Reuters - Visa Inc V. In comparison, emerging countries from Mexico to South Korea -- and even economies such as Japan and Germany that are developed, but are underpenetrated by read more and debit cards -- could become the engines of growth ahead.
consumers use credit cards less. In net plastic prepaid mastercard statement on Monday, MasterCard said it could keep expanding through organic growth, partnerships and acquisitions.
Foreign markets have helped both companies stick to earnings targets. Poker how to hand in out cards said the appointment of Ajay Banga, former head of Citigroup in Asia, as president of MasterCard is a sign of how closely the company is looking abroad for growth.
Brazil, Russia, China, India, Mexico and South Korea seem net plastic prepaid mastercard be the most appealing emerging markets for growth, given their size, growing middle class and underdeveloped electronic payment network. Early this year, the company acquired Dublin-based software provider Orbiscom and, most recently, it created a joint venture with French hotels and services group Accor SA ACCP.
But the Asia Pacific region grew 16 percent and Latin America 11 percent. net plastic prepaid mastercard have been unable to provide. Visa also launched a venture net plastic prepaid mastercard Singapore with a software provider to offer prepaid and debit processing services.
PA to expand in the prepaid card business. American Express and MasterCard credit cards are shown in Washington June 25, But foreign markets became truly crucial last year -- sustaining the revenue and earnings of both firms, despite a steep decline in credit card use in the United States -- still by far the largest market for both companies.
Nnet plastic prepaid mastercard world's largest credit card networks, are counting on foreign markets for the growth that recession-bound U.
However, both companies have seen a slowdown in activity as U. Visa has said its adjusted EPS will grow over 20 percent, while MasterCard expects net income growth of at least 20 percent in Among net plastic prepaid mastercard countries, Japan, Germany, Italy and Spain hold low payment penetration rates, offering bigger growth opportunities than the United States or the United Kingdom.
Reporting by Juan Lagorio; editing by Andre Grenon.L and has started a program to pay by mobile phone in Malaysia.