By the numbers: Mastercard’s net revenues increased 13% YoY in Q3 2024, per its earnings release.
- Payment network net revenues increased 10% YoY, thanks to healthy consumer spending.
- Value-added services and solutions net revenues increased 18% YoY, driven primarily by consulting and marketing and fraud and identity.
Diving into value-added services: Value-added services are becoming more important for networks as their payment revenues come under fire.