Predicted and fulfilled-Mastercard Reports 9.5% high in the recipe

The payments processor Mastercard disclosed that closed the fourth quarter of 2016 with 9.5% high in revenue, to $2.76 billion. The value is almost equal to predicted earlier by the company, from $2.79 billion. Net income for the fourth quarter of the Mastercard rose 4.8% to $933 million, up from $890 million, a year earlier. According to the company, in 2017, the strong dollar should negatively impact the revenue growth and net income by approximately 2% and 3%, respectively. Despite this, the Mastercard reiterated goal of revenue growth between 2016 and 2018 to low double-digit and expansion of earnings per share around 15%.