The results topped analysts’ estimates. Its shares edged up $1.71 to $277 in pre-market trading.
The payment processor said Tuesday its net income rose to $562 million, or $4.29 per share, in the three months ended March 31. That’s up from $455 million, or $3.46 per share, in the year-ago period.
Revenue rose 15 percent to $1.50 billion.
Purchase volume increased 13 percent from the previous year to $545 billion.
The number of transactions MasterCard handled rose 11 percent to 6 billion.
Wall Street was expecting earnings of $4.06 per share on revenue of $1.45 billion.