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MasterCard Inc , the world's No. 2 debit and credit card company, reported a better-than-expected profit for the holiday shopping quarter as customers dug deeper into their pockets. MasterCard and larger rival Visa Inc have been benefiting as more people use cards instead of cash across the world. The dollar, which gained nearly 13 percent in 2014, is expected to continue to be a headwind through the year on both revenue and the bottom line, MasterCard said on a conference call on Friday. MasterCard's worldwide purchase volume increased 12.1 percent to $858 billion in local currency terms during the fourth quarter ended Dec. 31, while its cross-border volumes rose 19 percent.