Mastercard’s Raja Rajamannar on the Business Case for Humanity – Inside the Brand

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Visa’s inventory at last verify fell 3.2% to $169.05 whereas Mastercard dropped 2.9% to $263. took a hit Wednesday after a top analyst turned bearish on the credit card giants amid the financial fallout from the coronavirus crisis. The drop in cross-border spending is particularly painful as “cross-border-associated fees generated by MA have an outsized influence on the company’s earnings,” Canwell wrote. Visa …

Raja Rajamannar, CMCO and President, Healthcare of Mastercard

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Cross-border and domestic spending portions of Mastercard’s business are both taking a success from COVID-19, because of a “collapse in travel-related spend” and slower client spending general. Credit card …