Credit transactions processed over its Banknet global telecommunications network increased 9.29% year-over-year for the Thanksgiving shopping weekend, measured through Saturday night. MasterCard processed 64.2 million credit authorizations over its Banknet telecommunications network this year, as compared to 58.7 million for the same period in 2003. In addition, on the day after Thanksgiving, widely believed to be the busiest shopping day of the year, MasterCard processed over 35.1 million transactions, a 10.1% growth over the 31.8 million authorization transactions it handled on the same day in 2003.
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