Visa Mastercard Cards-in-Force

U.S. Visa Mastercard Cards-in-Force Regain Steam in Economically Heated Q4 Market

Visa Mastercard cards-in-force (CIF) for U.S. payment cards (credit & debit) increased 6.1% year-on-year (YOY) in the fourth quarter (4Q/18), compared to a 2.1% YOY gain in the prior quarter. Visa and Mastercard U.S. credit cards increased 3.4% YOY while CIF for debit cards rose 8.1% YOY, in 4Q/18. There are were 1371 million Visa…

Global Purchase Transactions

Global Purchase Transactions (Q4 PTX) Growing Strongly in All Four Corners

Global purchase transactions (PTX) for Visa and MasterCard debit and credit cards soared 15.9% year-on-year (YOY) in the fourth quarter (4Q/18). The YOY growth rate has been steadily expanding each quarter. One-year ago the YOY PTX growth rate was 12.5%. The two networks combined processed 69.1 billion purchase transactions in 4Q/18, compared to 65.6 billion for…

Credit Card Accounts U.S.

Credit Card Accounts Among Major 4 U.S.-Based Payment Networks Nose Up in Q4

Credit card accounts in the fourth quarter (4Q/18) for the U.S. Major 4: Visa, Mastercard, American Express and Discover, were up 5.0% year-on-year (YOY). For 4Q/17 the Major 4 gained 0.7% YOY and during 2016, the Major 4 increased U.S. gross credit card accounts (GAC) by 5.6%, according to data gathered by CardData. Mastercard led…

Payment Card Marketshare Q3

Payment Card Marketshare Moves in Mastercard’s Favor Based on Q4 U.S. GDV by 20 bps

Payment card marketshare among the Major 4 U.S. networks for the fourth quarter (4Q/18) reveals Mastercard has picked up share at the expense of American and Discover, while Visa remains solid. Based on gross dollar volume (GDV) Visa’s U.S. share has held steady at 61.2% for the past two years. Mastercard’s U.S. share inched up…

European Credit and Debit Cards

European Credit Cards and Debit Cards Q4/18 Performance In Fine Fettle

European credit cards and debit cards, on a currency adjusted basis (FX), posted strong double-digit year-on-year (YOY) gains in the fourth quarter (4Q/18). Visa and Mastercard gross dollar volume (GDV) increased to 13.3% YOY FX, while purchase dollar volume (PDV) soared 15.1% YOY FX in 4Q/18, according to data collected by CardData. On a non-currency,…

Credit Card Gross Volume

Credit Card Gross Volume Tops $1 Trillion in Q4 for U.S. Major 4 Networks

Credit card gross volume for Visa, Mastercard, American Express and Discover credit cards, the Major 4, in the U.S. climbed 8.6% year-on-year (YOY) in the fourth quarter (4Q/18), compared to 10.1% YOY for 4Q/17, reaching $1007 billion in gross dollar volume (GDV), according to figures collected by CardData. Major 4 Q4 Analysis This is the…

Processed Switched Transactions

Processed Switched Transactions Globally for Visa and Mastercard Vigorous in 2018

Processed or switched transactions (TX) in the fourth quarter (4Q/18), for Visa and Mastercard combined, globally, remains in double-digits year-on-year (YOY), hovering around a 12% growth rate. MasterCard, is by far running away with significant YOY gains over Visa, posting a 700 basis points (bps) spread over Visa in 4Q/18 for processed switched transactions. Combined…

Global Credit Card Networks PDV

Global Credit Card Networks Continue Double-Digit Currency Adjusted PDV Gains YOY

Global credit card networks purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover/Diners cards (credit + debit) globally rose 8.2% year-on-year (YOY) on a nominal dollars basis (NFX) for the fourth quarter (4Q/18). However, on a currency adjusted basis (FX), global 4Q/18 PDV increased 13% YOY.  The major four U.S.-based global networks posted…

International Visa Mastercards

International Visa Mastercards Surpass Four Billion Cards-in-Force

International Visa Mastercards set a new record of 4 billion cards-in-force (CIF) in the fourth quarter (4Q/18), growing 7.5% year-on-year (YOY) last year, compared to a 5.7% YOY gain for 2017, according to figures gather by CardData. International credit card CIF for Visa and Mastercard increased 5.7% YOY in (4Q/18), while international debit card CIF…