US Bank Q4/14

The nation’s largest commercial card issuer and #5 V/M issuer overall, posted an 8.2% year-on-year (YOY) increase in purchase dollar volume (PDV) in the fourth quarter (Q4/14). U.S. Bank (USB) revenues were relatively flat for its card and corporate payments business but strong growth in merchant processing drove net (after tax) income up 25% YOY, according to CardData.

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Visa Europe 2019

Visa Europe (VE) is poised to top € 2 trillion of POS purchase transaction (PTV) volume in 2018 and easily exceed € 2.2 trillion the following year. VE will likely, in 2015, capture more than €1 in €6 of everyday consumer spending across Europe, according to CardData. Forecaster RAM Research’s CAGR Corner computes VE’s compound annual growth rate (CAGR) at 9.74% and sees nothing on the horizon to dampen the current trajectory.

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