The financial services industry, by any standard, has forever changed the way business is conducted. Most consumers have a credit or debit card and use bank cards to pay for $850 billion of products and services worldwide. MasterCard alone processes more than 3.6 billion transactions a year for its 228 million cardholders. According to the Census Bureau, the credit card industry accounts for 373,000 jobs and more than $10 billion in wages.
We have the membership to thank for this success. Working in partnership, we've been able to deliver products and services with the value, utility and efficiencies our members' customers require, and a substantial, sustainable return on the investments of the members' shareholders.