Euronet Worldwide Inc
PayPal Isn’t Done Disrupting Western Union and MoneyGram
Early this month, PayPal (PYPL) raised the upper limit of the amount customers can send through its global remittance service, Xoom.
Inside the Maneuver that Worked for Alibaba’s Ant Financial
Alibaba’s (BABA) Ant Financial has confirmed its plans to acquire WorldFirst, a British money transfer and currency exchange firm.
Alibaba’s Ant Financial Applies Lesson to Save WorldFirst Deal
Alibaba’s (BABA) Ant Financial learned a lesson when the United States blocked it from acquiring MoneyGram (MGI) a year ago.
Alibaba Burns $132 Million through Ant Financial
Ant Financial caused Alibaba (BABA) a $132 million loss in the second quarter of fiscal 2019.
A Look at Apple China
Chinese revenue increases 11% As China is the world’s second-largest economy and largest smartphone market, Apple’s (AAPL) performance in the country is of great interest to many investors. While discussing its fiscal 1Q18 (December quarter) results, Apple executives talked a great deal about the company’s Chinese business, highlighting progress in the country. In 1Q18, Apple […]
Behind Mastercard’s Gross Dollar Volumes
Mastercard (MA) saw a year-over-year rise of 13.0% in its worldwide gross dollar volumes in 4Q17 on a local currency basis.
Mastercard’s Net Revenues Rose Year-over-Year in 4Q17
Mastercard (MA) generated total net revenues of $3.3 billion in 4Q17 compared to $2.7 billion in 4Q16.
How Mastercard and Visa Are Pricing Cryptocurrency Fees
Coinbase accepts crypto purchases using credit or debit cards, and it transfers a 4.0% credit card transaction fee to the buyer.
Understanding Mastercard’s Higher Valuations
Mastercard (MA) has a PB (price-to-book) ratio of 17.24x on a next 12-month (or NTM) basis, which reflects its higher valuations.
Mastercard’s Net Revenues Rose, and So Did Expenses
In 3Q17, Mastercard (MA) reported cross-border volume fees of $1.2 billion, compared to $996 million in 3Q16, which implies a YoY rise of 15% on a currency-neutral basis.