Mastercard beats profit estimates on strong holiday season spending
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(Reuters) - Mastercard Inc beat Wall Street estimates for quarterly profit on Wednesday as customers spent more on its cards during the U.S. holiday shopping season, boosting fees for the world's second-largest payment processor.The company's gross dollar volume, the dollar value of transactions processed, rose 12% to $1.73 trillion (£1.3 trillion) in the fourth quarter.U.S. retail sales, a measure of purchases at stores, restaurants and online, rose every month in the fourth quarter helped by..