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Mastercard runs one of the world's largest payment networks, processing card payments between shoppers, stores and banks in more than 200 countries and territories. Banks issue the cards and handle the lending, while Mastercard earns fees for processing payments, so its business depends on how much consumers spend, including on travel. This contract tracks the price of Mastercard stock (MA).
What to watch: Quarterly earnings, consumer spending data, and card fee regulation.