MasterCard profit rises on lower tax expense

April 29, 2015 12:15 PM

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MasterCard profit rises on lower tax expense

(Reuters) - MasterCard Inc (MA.N), the world's No. 2 debit and credit card company, reported a 17 percent rise in quarterly profit as people spent more using its cards and the company paid lower taxes.

MasterCard shares were up about 2 percent at $91.94 in premarket trading.

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