For the quarter ending December 31, the region saw double-digit growth in gross dollar volume (20.7%), purchase volume (24.3%), purchase transactions (20.7%), cash transactions (19.4%) and cards issued (15.0%), versus the same period in 2006.
As at December 31, 2007, over 209 million MasterCard cards - excluding Maestro and Cirrus - had been issued by MasterCard customer financial institutions in APMEA. Cardholders in the region made more than 809 million purchase transactions in the fourth quarter of 2007, and cardholders could use their MasterCard cards at more than 25.9 million acceptance locations worldwide, it was reported.
The company noted that consumers could now make online debit point of sale purchases with their Maestro cards at nearly 925 000 merchant locations in APMEA.
For the year ended December 31, the APMEA region saw impressive growth in gross dollar volume (19.4%), purchase volume (22.8%), purchase transactions (21.7%) and cash transactions (24.7%) versus 2006.
- I-Net Bridge