Mastercard (NYSE: MA) has certainly delivered strong returns for its investors. As the U.S. and the rest of the world has gradually become more cashless, it's been a huge catalyst for payment processing businesses like Mastercard. Over the past decade alone, Mastercard's share price has risen by more than 1,400% and the company now has a market cap of more than $300 billion. And it may surprise you to learn that there are now more than 2.6 billion Mastercard-branded credit and debit cards in existence.
However, the growth might still have a long way to go. Mastercard's market cap would need to more than triple to reach the exclusive $1 trillion club, but if it keeps growing its business and the cashless trends continue around the world, it could certainly get there.
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