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However, the company's net income fell 6 percent as operating
costs jumped by a quarter.
MasterCard's net income fell to $959 million, or 86 cents per
share, in the first quarter ended March 31, from $1.02 billion,
or 89 cents per share, a year earlier.
Analysts on average expected a profit of 85 cents per share,
according to Thomson Reuters I/B/E/S.
Gross dollar volumes - the total value of transactions made by
customers - rose 13 percent to $1.1 trillion on a local currency
basis.
Cross-border volumes - the value of transactions made by card
holders outside the card-issuer's country - jumped 12 percent.
Total operating costs rose to $1.1 billion from $879 million.
Net revenue rose 9.7 percent to $2.45 billion.
Bigger rival Visa Inc cut its full-year revenue and profit
forecast last week, citing a lack of improvement in cross-border
spending.
Purchase, New York-based MasterCard's shares were up marginally
in light premarket trading. The stock has risen only about 1
percent this year.
(Reporting By Sudarshan Varadhan in Bengaluru; Editing by Savio
D'Souza and Ted Kerr)
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