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Mastercard (MA) exec Tim Murphy warns that consumer spending on luxury items fell back -...

Mastercard (MA) exec Tim Murphy warns that consumer spending on luxury items fell back - providing a "cause for concern" for the company as it actively seeks more affluent customers. After consumers showed a healthy 11.7% increase in spending for high-end items in February, the pace slowed in March and April to 1.8% and 5.5%, respectively.
Comments (1)
  • GalXZ
    , contributor
    Comments (57) | Send Message
     
    They have Tap & Go Pay Pass for mobile devices and an acquisition prepaid card service called Travelex,
    now called Access Prepaid Worldwide plus mFoundry considered most popular mobile banking method in US. All that sounds like they are keeping up with the mobile world.
    10 May 2012, 10:24 AM Reply Like
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