MasterCard rolls out SpendingPulse for Hong Kong retail sales

Thursday 23 January 2014 09:37 CET | News

MasterCard Advisors, a unit of MasterCard has launched SpendingPulse in Hong Kong, a report that provides a macroeconomic analysis of retail performance and spending. The report leverages purchase information across all forms of payment – credit cards, cash and cheque – to provide detailed insight into consumer spending trends.

The new SpendingPulse report provides the most complete overview of consumer spending in Hong Kong. It is set to be available to subscribers the third week of every month and is set to provide actionable insights on the clothing, grocery, health & beauty and jewellery industries. The monthly report also includes an overall retail sales and price index, so that subscribers can understand whether spending growth is being driven by increased shopping or by inflation.

SpendingPulse is currently available to subscribers in the United States, United Kingdom, Canada and Brazil. 

In recent news, Blue Bamboo, an electronic payment services provider, has achieved the MasterCard mobile point-of-sale program (mPOS) self-certification agreement.

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Keywords: MasterCard, SpendingPulse, Hong Kong, retail sales, credit cards, cash, cheque, payment, spending trends
Categories: Payments & Commerce
Countries: World
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