“As the year progresses, you're going to start to see the impact of that market share on some of the players start to tail off just because you'll be reaching the lapping stage on that.”

In context

“ating metrics from a growth rate standpoint. You've got 15% credit growth taking place in the U.S., is being driven in a large part by just consumers' desire to get back to experiences. Our portfolios, our co-branded portfolios, our travel portfolio are performing very well. And again, if you kind of were to think about the go forward, the reality comes back to the broader questions we were talking about how do we feel about drivers from a domestic spend standpoint and the cross-border spend standpoint, all of that will manifest itself in terms of what U.S. volumes look like going forward. On the rest of the world side, obviously, we've got some really good metrics there as well, both across debit and credit. And you're seeing the impact of some of our market share wins in those metrics. As the year progresses, you're going to start to see the impact of that market share on some of the players start to tail off just because you'll be reaching the lapping stage on that. So you need to keep that in mind. That should help you kind of model out as to how the gap between the U.S. and the rest of the world plays out as we progress through the year. Ramsey El-Assal: Super helpful. Thanks. Operator: We'll go next to Andrew Jeffrey at Truist Securities. Andrew Jeffrey: Hi, good morning. Appreciate taking the questions. Michael, I'd like to ask you about the India opportunity and specifically the potential inclusion or inclusion of Mastercard credit products and UPI. I just wonder if you could frame that up so much talk about rest of world growth in cash-based economies and especially those in which perhaps account-funded wallets have moved to the 4. Can you just dimensionalize or give us an update on your India positioning? Michael Miebach: Right. So India is a”