Why Mastercard Could Benefit When Travel Bounces Back
Few investors realize how much international travel can affect Mastercard (NYSE: MA). When governments worldwide imposed COVID-19 travel restrictions in 2020, Mastercard's revenue and profits suffered. A still-sluggish global travel recovery in 2021 helped to explain why Mastercard's stock severely underperformed the S&P 500. However, experts expect international travel to accelerate in 2022. Here's why Mastercard's stock still has plenty of upside left to look forward to as the travel recovery picks up steam.
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Mastercard mainly generates revenues on domestic transactions by charging each financial institution issuing Mastercard-branded cards a fee, based on a percentage of how many dollars customers spend through its cards.
Source Fool.com
