Mastercard profit jumps in second quarter

(Reuters) - Mastercard Inc reported a jump in second-quarter profit on Thursday as a surge in cross-border spending sparked by this year's travel boom more than offset higher costs.

Profit for the three months ended June 30 was $2.3 billion, or $2.34 per share, compared with $2.1 billion, or $2.08 per share, a year earlier.

(Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni)