Technical Analysis on Visa and MasterCard: Credit Card Provider Profits Soaring

Jan 24, 2013, 08:00 ET from

LONDON, January 24, 2013 /PRNewswire/ --

The ongoing shift towards cashless transactions continues to fuel significant gains for major credit card operators such as Visa Inc. (NYSE: V) and Mastercard Inc. (NYSE: MA).  StockCall technical analysts have completed a detailed set of analysis on Visa and Mastercard, and these are available for free once you sign up at

New technologies, better macroeconomic data and international growth should help the industry sustain its current trajectory. The accelerating mobile and near field communication payment market offers a lot of upside for card providers. Some speculate that this burgeoning market could hurt card companies but that does not appear to be the case yet. Visa Inc. became the first major card company to jump into the space with its service which it touts as being more than just a digital wallet. Similar services from major rivals are likely to arrive later this year. Download your free analysis on Visa Today at

Additionally, improving employment and other macroeconomic metrics should help lift spending and increase credit card purchases this year.  Increased competition for market share in emerging economies will likely challenge but not slow major credit card providers. With the earnings season in full swing, Mastercard Inc. [Free Report on MA] [(1)] will be posting their earnings on January 31st before the market opens. Visa is scheduled to release theirs on February 06th after the market. In its last reported quarter, Visa projected its yearly 2013 earnings per share to grow in the high teens range, and its yearly net revenue growth is anticipated to be in the low double digit range.

For its most recent reported quarter, Mastercard stated that its purchase volume was up 12% for the quarter as compared to a year ago with gains in its international segment being a key catalyst. MasterCard saw a growth of 8% in its third quarter profit and a 5% increase in revenue as compared to a year earlier.


  1. MasterCard Inc. Technical Analysis [ ]

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