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MORE THAN 10 MILLION GLOBAL MERCHANT ACCEPTANCE LOCATIONS REPORTED BY MASTERCARD; FIRST QUARTER 1992 REPORT ANNOUNCES NEW MILESTONE

MORE THAN 10 MILLION GLOBAL MERCHANT ACCEPTANCE LOCATIONS REPORTED BY
 MASTERCARD; FIRST QUARTER 1992 REPORT ANNOUNCES NEW MILESTONE
 NEW YORK, July 2 /PRNewswire/ -- MasterCard International announced today that its MasterCard bankcard is now accepted at more than 10 million merchant acceptance locations worldwide. This acceptance milestone was reported in MasterCard's first quarter 1992 Quarterly Member Report (QMR).
 The announcement follows a year of strong growth in both dollar volume and new cards for all of MasterCard's six global regions. In 1991, gross dollar volume increased 12.5 percent to $220.9 billion, cards in circulation increased 6.8 percent to 171.8 billion, and acceptance locations grew 7.6 percent to stand at 9.8 million at year's end.
 In early 1992, nearly 80,000 ATM locations were established worldwide through MasterCard's Cirrus network, as well as nearly 223,000 cash advance locations. MasterCard regions with the strongest merchant acceptance growth continue to be Europe and Asia-Pacific.
 -0- 7/2/92 R
 /CONTACT: Steve Apesos of MasterCard International, 212-649-5476/ CO: MasterCard International ST: New York IN: FIN SU:


GK -- NY019R -- 6142 07/02/92 11:43 EDT
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Publication:PR Newswire
Date:Jul 2, 1992
Words:187
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