Cards on the table

Mastercard built its reputation on debit and credit cards but, according to Peter Corrigan, the company is now moving towards a future that may be entirely plastic-free, writes Emma Kennedy, Personal Finance Correspondent

16th April, 2011

Cash may be king, but Irish consumers continue to flex their plastic spending muscle, using debit and credit cards for a host of daily transactions.

One name that is synonymous with card payments is Mastercard.

Across Europe, it has issued 300 million debit cards and 212 million credit cards. In the final quarter of 2010, European cardholders made more than 2.1 billion purchases with their Mastercard branded cards, up 13.7 per cent on the same three months last year.

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