Change in Settlement Due to Customers

Operating

Mastercard Change in Settlement Due to Customers decreased by 209.5% to -$254.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 147.7%, from $532.00M to -$254.00M. Over 2 years (FY 2022 to FY 2024), Change in Settlement Due to Customers shows an upward trend with a 114.2% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2025

How to read this metric

An increase typically correlates with higher transaction volume growth, while a decrease may reflect faster settlement cycles or lower processing activity.

Detailed definition

Tracks the change in liabilities owed to merchants or financial institutions for processed transactions that have not ye...

Peer comparison

Specific to payment processors like Visa or Mastercard; reflects the scale of the underlying payment network.

Metric ID: cf_ma_change_in_settlement_payable

Historical Data

17 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value-$728.00M-$72.00M-$366.00M$127.00M$385.00M$55.00M-$241.00M$272.00M-$150.00M$401.00M$430.00M-$231.00M$532.00M$191.00M$124.00M$232.00M-$254.00M
QoQ Change+90.1%-408.3%+134.7%+203.1%-85.7%-538.2%+212.9%-155.1%+367.3%+7.2%-153.7%+330.3%-64.1%-35.1%+87.1%-209.5%
YoY Change+117.4%+634.7%+34.2%+114.2%-139.0%+629.1%+278.4%-184.9%+454.7%-52.4%-71.2%+200.4%-147.7%
Range-$728.00M$532.00M
CAGR-23.1%
Avg YoY Growth+143.7%
Median YoY Growth+114.2%

Frequently Asked Questions

What is Mastercard's change in settlement due to customers?
Mastercard (MA) reported change in settlement due to customers of -$254.00M in Q3 2025.
How has Mastercard's change in settlement due to customers changed year-over-year?
Mastercard's change in settlement due to customers decreased by 147.7% year-over-year, from $532.00M to -$254.00M.
What is the long-term trend for Mastercard's change in settlement due to customers?
Over 2 years (2022 to 2024), Mastercard's change in settlement due to customers has grown at a 114.2% compound annual growth rate (CAGR), from $201.00M to $922.00M.
What does change in settlement due to customers mean?
The change in funds owed to customers or partners for processed payment transactions.

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