Q : What are your expectations for Value-Added Services in 2025 compared to consumer payments? A : Sachin Mehra noted that while specific growth forecasts for Value-Added Services & Solutions in 2025 were not provided, the fundamentals remain strong. The company continues to invest in this area, which is broad-based and not region-specific, contributing to overall growth.

Q : How is Mastercard positioned for growth in the crypto ecosystem, particularly with stablecoins? A : Michael Miebach, CEO, highlighted that Mastercard is active in the crypto space, focusing on stablecoin transactions and cross-border use cases. The company has moved beyond proof-of-concept to real transactions and sees this as an upside opportunity, supported by partnerships with major players like JPMorgan.

Q : Can you provide an update on Mastercard's market share gains in Europe? A : Michael Miebach stated that Mastercard has seen tremendous growth in Europe, particularly in the UK and through strategic partnerships like UniCredit across 13 markets. The company is also capitalizing on the secular shift from cash to digital payments, with significant opportunities in countries like Italy.

Q : How does the new political environment impact Mastercard, and what are the potential effects of tariffs? A : Michael Miebach mentioned that while political changes create uncertainty, the fundamental trend towards digital payments remains strong. The new US administration's business-friendly approach is positive, and while tariffs could indirectly affect partners, Mastercard's focus is on the growth opportunities in a digitizing world.

For the complete transcript of the earnings call, please refer to the full earnings call transcript .

This article first appeared on GuruFocus .