NORTHAMPTON, MA / ACCESS Newswire / October 23, 2025 / Mastercard
What happens to local businesses after a hurricane passes?
A joint study by the Mastercard Economics Institute and The World Bank economist Leora Klapper found that merchants typically lose two days' worth of sales they never recover. The data show the greatest predictor of sales recovery isn't storm intensity, but merchant category.
A digital sales channel, however, can make a difference.
Read more here.
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Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
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Originally published by Mastercard
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SOURCE: Mastercard
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/new-world-bank-research-in-partnership-with-the-mastercard-economics-1091079
