Mastercard has posted an impressive results for the financial year 2011. The company announced its fourth quarter and full-year results for the Asia/Pacific, Middle East & Africa (APMEA) region. For the quarter ending 31 December 2011, the region drove strong growth in gross dollar volume (21.8%), purchase volume (23.5%), purchase transactions (18.2%), cash transactions (18.4%) and cards issued (12.3%), versus the same period in 2010. Growth in gross dollar volume and purchase volume are calculated on a local currency basis.
As of 31 December 2011, 330 million MasterCard cards (excluding Maestro® and Cirrus®) had been issued by MasterCard customers in APMEA. Cardholders in the region made almost 1.6 billion purchase transactions in the fourth quarter of 2011 and cardholders could use their MasterCard cards at 33.3 million acceptance locations worldwide as of the end of the quarter.
For the year ended 31 December 2011, the APMEA region saw growth in gross dollar volume (22.9%), purchase volume (24.9%), purchase transactions (18.3%) and cash transactions (19.7%) versus 2010. For the quarter ending 31 December 2011, the Maestro® brand mark appeared on 237 million cards in APMEA. Consumers can now make debit point of sale purchases with their Maestro cards at 2.5 million merchant locations in APMEA.
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