BIG SPENDERS: MasterCard, the payments processing company, reported a 19 percent increase in its second-quarter profit as more people worldwide used its debit and credit cards to make payments.

BIG SPENDERS: MasterCard, the payments processing company, reported a 19 percent increase in its second-quarter profit as more people worldwide used its debit and credit cards to make payments.

BIG REWARD: The company, based in Purchase, N.Y., earned $848 million, or $6.96 a share, in the second quarter ended June 30. That's up from $700 million, or $5.56 a share, a year ago. Revenue rose 15 percent to $2.1 billion.

EMERGING MARKETS: The company's business is growing most strongly in emerging markets. The dollar value of transactions made using debit and credit cards bearing the MasterCard logo rose 17 percent in Latin America and 21 percent in the combined Middle East, Africa and Asia Pacific region. The value of transactions in the U.S. increased 6.5 percent.