PURCHASE, New York – MasterCard International reported strong results for the first quarter of 2005. MasterCard holders worldwide used their credit and signature debit cards for 4.3 billion transactions in the first quarter, generating a worldwide $379.6 billion in gross dollar volume, the number two card brand said. The dollar volume for the first quarter was 10% higher than the dollar volume from the first quarter of 2004. "The strength of the MasterCard brand and our portfolio of payment solutions continues to resonate around the globe as illustrated by our robust operating performance this quarter," said Alan Heuer, MasterCard CEO.
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