MasterCard Doing Just Fine

The current state of the economy may worry credit card issuers, but MasterCard and Visa seem to be completely isolated from all those bad news. Both companies don't actually issue cards so they don't have to worry about consumers defaulting. Should some people stop using credit cards, MC&V would still make plenty of money thanks to the ever-growing debit card market. In fact, despite a recent $500 million anti-trust settlement, MasterCard shares shot up by nearly 10 percent yesterday.