Signature debit card purchase volume in the USA is now growing at an annual pace of 21%, compared to 23% in the prior quarter. During the fourth quarter, consumers and businesses charged $151.6 billion to their off-line debit cards for purchases. Year-over-year, MasterCard’s signature debit card purchase volume is growing at a 25% clip, compared to VISA’s 19%. VISA posted $119.5 billion in fourth quarter signature debit card purchase volume, with $111.2 billion coming from consumer debit cards. MasterCard reported $32.1 billion in off-line PDV for 4Q/05. For complete current and historical statistics on the U.S. signature debit card market, visit CardData ([www.carddata.com]).
U.S. SIGNATURE DEBIT SNAPSHOT
(Purchase Volume Only)
4Q/04 4Q/05 Y/Y CHANGE
VISA $100.2b $119.5b +19%
MasterCard $ 25.6b $ 32.1b +25%
TOTAL $125.8b $151.6b +21%
Source: CardData (www.carddata.com)