MasterCard reports strong business growth across APMEA

MasterCard International has announced its operating results for the fourth quarter and full year of 2005, posting growth in gross dollar volume (GDV). In the fourth quarter, MasterCard cardholders in APMEA made more than 684.3 million transactions, generating a gross dollar volume (GDV) of US$75 billion, an increase of 11.9% over 2004.

For the full year 2005, MasterCard cardholders across the APMEA region used over 162.8 million MasterCard-branded cards (up 13 per cent) for more than 2.5 billion transactions (up 15.9 per cent), generating a gross dollar volume of US$283.5 billion, an increase of 9.7 percent over 2004.