Coronavirus may hit Mastercard payment system

The outbreak of a new type of pneumonia epidemic has affected not only the lives of ordinary people, but also many

largest companies.Thus, it became known that the coronavirus could also hit the Mastercard payment system. Representatives of the corporation announced this by publishing a corresponding entry on their official website.

According to their report, the outbreak of the epidemic affectedfor business trips abroad. In addition, the coronavirus also had an impact on “the growth of cross-border e-commerce volumes,” and therefore the company decided to update revenue forecasts developed in 2020.

Thus, it was found that revenue growth in the first quarter may be two to three percent less than was predicted by the company before the outbreak of the epidemic.