MasterCard second-quarter profit rose 33 percent, beating Wall Street estimates, as the company processed more card transactions and revenue increased.

Purchase, NY-based MasterCard reported net income of $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, a year earlier. Analysts expected $4.23 per share.

Net revenue increased 22 percent to $1.7 billion as payment volumes and MasterCard’s international business grew.

MasterCard closed at $338.47 yesterday on the New York Stock Exchange, up $39.98, or 13.4 percent.