Mastercard Reports 19% Growth in Services Revenue, Stock Rises

• Mastercard's value-added services revenue grew by 19% in the third quarter.
• The growth in services revenue outpaced the 11% gain in the core payment network.
• Mastercard's stock increased by approximately 4% in midday trading.
• The company's profit rose due to the growth in both its payment network and services.
• Mastercard is investing heavily in AI and cryptocurrency.