Major 4 U.S. Networks Post 7.5% YOY 3Q Gain in U.S. GDV
Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover credit cards in the U.S. climbed 7.5% year-on-year (YOY) in 3Q/16 reaching a record $804 billion. Visa led the way in the third quarter posting a 18.1% YOY gain for U.S. GDV. Visa reported third quarter U.S. credit card GDV of $424 billion,…