U.S. Credit Card PDV Big 6 Issuers

Credit Card U.S. PDV Posts Double Digits YOY Growth in Q3

Credit card U.S. PDV (Purchase Dollar Volume), for credit cards, among the Big 6 U.S. credit card issuers, rose 10.9% year-on-year (YOY) for the third quarter (3Q/18), compared to growth rate of 10.6% for 2Q/18, according to CardData. Capital One scorched the Big 6 with the largest YOY PDV gain, while Bank of America was…

Holiday Spending Data

Real-Time Holiday Spending Trends Powered by First Data is Awesome Commerce Tool

Real-time holiday spending data are here from a payments industry leader for the first time. Payments processor First Data, launched the live dashboard just before Black Friday, November 23rd and offering free access until January 3rd. Spending Data The Holiday Insights dashboard reflects actual transaction data from millions of U.S. merchants. The Thanksgiving-Black Friday period…

Canada Visa Mastercard

Canada Visa Mastercard Credit and Debit Cards Posts Solid Q3 Gains

Purchase dollar volume (PDV) for Canada Visa Mastercard payment cards (credit cards +debit cards) posted strong performance again in the third quarter (3Q/18) up 4.9% nominal or 9.9% currency adjusted (FX) year-on-year (YOY). Sequentially, nominal and FX YOY increases were 14.5% and 10.0%, respectively, Canadian payment cards-in-force (CIF) increased 10.4% YOY to 117 million for…

Global Payment Card PDV

Global PDV for Major 4 Card Networks Picks Up Steam in Q3

Global PDV (Purchase dollar volume) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally rose 9.0% year-on-year (YOY) on a nominal dollars basis for the third quarter (3Q/18). However, on a currency adjusted basis (FX), global 3Q/18 PDV increased 13% YOY, reports RAM Research. The major four U.S.-based global networks posted $3492…

Credit Card PDV

Credit Card PDV Remains Robust Remains in Double-Digits in Q3

Credit card PDV (Purchase Dollar Volume) for the Major 4 networks (Visa, Mastercard, American Express and Discover) cards (credit + debit) in the U.S. climbed 11.4% year-on-year (YOY) in the third quarter (3Q/18) hitting near $1544 billion, according to CardData Visa barely led the way in the 3Q/18 posting an 11.7% YOY gain for U.S.…

Big 6 Credit Card GDV

Credit Card Gross Dollar Volume Tracks with the U.S. Economy Entering Double-Digit Growth YOY

Credit card gross dollar volume (GDV) among the big U.S. six U.S. bank card issuers, rose an estimated 10.7% year-on-year (YOY) in the second quarter (2Q/18). Capital One led the peer group with a high double-digit growth YOY in 2Q/18, followed by Chase and American Express, respectively. Chase, Bank of America (BofA), Capital One and Citibank…

Australian Credit Card Debt Sputters

Australian Credit Card Debt Languishes as Consumer Confidence Wanes But Credit Card PDV Marches Upward

Australian credit card debt growth is sluggish while credit card usage is continues to grow slowly. Credit card outstandings grew 0.8% year-on-year (YOY) in July, while credit card purchase dollar volume (PDV) rose 7.2% YOY. According to figures released yesterday by the Reserve Bank of Australia (RBA), credit card credit limits were flat in July…

Capital One Leads Top 4 Marketshare Growth

Capital One U.S. PDV Credit Card Marketshare Soars in Q2 +90 bps YOY

Capital One led the charge in the U.S. credit card market in the second quarter (2Q/18). U.S. credit card marketshare, based on Visa and Mastercard purchase dollar volume (PDV), among the top 4 U.S. bank credit card issuers, declined 80 basis points (bps) to 61% in the second quarter. U.S. CREDIT CARD MARKETSHARE While Chase…

European Payments Cards

Visa and Mastercard European Credit Cards Q2 Racking-Up Impressive YOY Gains

European Credit Cards Q2 for Visa and Mastercard posted strong year-on-year (YOY) gains for the second quarter (2Q/18). On a non-currency adjusted basis (NFX), gross dollar volume (GDV) rose 16.5% YOY, purchase dollar volume (PDV) increased 19.2% YOY, and cards-in-force (CIF) climbed 6.1% YOY. On a currency adjusted basis (FX), Visa GDV rose 7.3% YOY…

Global Payment Card PDV

Global PDV for Major 4 U.S. Card Networks Up 12% in Q2 FX YOY

Purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally rose 13.7% year-on-year (YOY) on a nominal dollars basis for the second quarter (2Q/18). However, on a currency adjusted basis (FX), global 2Q/18 PDV increased 12.1% YOY.  The major four U.S.-based global networks posted $3511 billion in global PDV…