$394.35
-2.30 (-0.58%)
MasterCard, Inc. (NYSE:MA)
CAPS Rating:
A global payment solutions company that provides various services in support of the credit, debit & related payment programs to financial institutes. Also develops & markets payment solutions, process payment transactions & provide consulting services.
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MA has a fantastic business model & their growth prospects (both share price & dividend) look very promising in this shift to a cashless society. Do they care if people can't honor their debts - maybe, but luckily for them it doesn't affect their business. As a payment processor they get paid every time someone swipes their debit or credit cards - how genius is that? Buy MA now while the price is right!