Visa + MasterCard Purchase Dollar Volume Up a Robust 10.4%

Visa + MasterCard Purchase Dollar Volume Up a Robust 10.4%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Purchase Dollar Volume (PDV) for Visa and MasterCard payment cards (credit + debit) in the first quarter (1Q/16) grew at an annual rate (YOY) of 10.4% YOY. U.S. Visa and MasterCard reported payment card PDV of $1010 billion for 1Q/16, compared to $1032 billion in the prior quarter, and $915…

U.S. Purchase Transactions for Visa & MC Continues Robust Growth

U.S. Purchase Transactions for Visa & MC Continues Robust Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 11.7% year-on-year (YOY) in the first quarter (1Q/16) to 19.3 billion. The growth was driven by credit cards, and more specifically MasterCard. U.S. purchase transactions for Visa and MasterCard credit cards grew by 12.9% YOY, coming…

Top 4 U.S. Issuer Active Accounts Up Driven Solely by COF

Top 4 U.S. Issuer Active Accounts Up Driven Solely by COF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. bank credit card active accounts (AAC) (accounts with sales activity), among the Top 4 U.S. issuers, edged up 4.2% year-on-year (YOY) in the first quarter (1Q/16). Capital One (COF) was the only issuer to post real positive YOY AAC gain in the first quarter. While Chase was up, BofA had…

Visa and MasterCard Payment Card CDV Rises 7.6% YOY

Visa and MasterCard Payment Card CDV Rises 7.6% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Cash Dollar Volume (CDV) for Visa and MasterCard (credit + debit) in the first quarter (1Q/16) grew at an annual rate (YOY) of 7.6%. The growth was driven by MasterCard debit cards. Visa U.S. payment card (credit + debit) CDV for 1Q/16 was up 7.4%. MasterCard U.S. payment card (credit…

U.S. Gross Credit Card Accounts Among Top 4 Issuers Flat YOY

U.S. Gross Credit Card Accounts Among Top 4 Issuers Flat YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross or open accounts (GAC) for U.S. credit cards among the nation’s four largest issuers were flat year-on-year (YOY) in the first quarter (1Q/16) to 190.0 million, compared to 189.9 million one-year ago. The GAC growth is driven by Capital One, while Chase, Bank of America (BofA) and Citibank face YOY…

Capital One Posts Double-Digit YOY Gain in U.S. Cards-in-Force

Capital One Posts Double-Digit YOY Gain in U.S. Cards-in-Force

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Credit Cards-in-Force (CIF) among the Top 4 issuers edged up by a mere 1.9% year-on-year (YOY) at the end of the first quarter (1Q/16) to an estimated 236.1 million cards, compared to 232.9 million in 4Q/15, and 231.6 million for 1Q/15. Capital One blew the other three top issuers away…

Visa Continues to Lead the Major 4 Networks in U.S. GDV YOY

Visa Continues to Lead the Major 4 Networks in U.S. GDV YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 9.0% year-on-year (YOY) in 1Q/16 reaching a record $1401 billion.   Visa led the way in the first quarter posting a 10.0% YOY gain for U.S. GDV. Visa reported first quarter GDV…

Visa + MC U.S. GDV Rises 9.9% YOY Driven by Credit Cards

Visa + MC U.S. GDV Rises 9.9% YOY Driven by Credit Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Gross Dollar Volume (GDV) for Visa and MasterCard (credit + debit) in the first quarter (1Q/16) grew 9.9% year-on-year (YOY). Credit card growth outpaced debit cards in the U.S. by 150 basis points (bps) YOY. Visa U.S. payment card (credit + debit) GDV for 1Q/16 was up 10.0%. MasterCard U.S.…

Capital One Drives Top 4 US Issuers GDV YOY Growth

Capital One Drives Top 4 US Issuers GDV YOY Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Gross Dollar Volume (GDV) among the top four bank credit card issuers, rose an estimated 9.9% year-on-year (YOY) in the first quarter (1Q/16). The growth was driven by Capital One’s explosive growth. The top four U.S. issuers racked up an estimated $295.2 billon in GDV for 1Q/16, compared to $322.5…

Major 4 Networks Global Cards-in-Force Up 6.4%

Major 4 Networks Global Cards-in-Force Up 6.4%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Global payment cards-in force (CIF) [credit + debit] grew by 6.4% year-on-year (YOY) in the first quarter (1Q/16) to 4300 million. The growth has been largely driven by Visa and MasterCard’s international “inclusion” drive with debit (& prepaid) cards.

Visa and MasterCard U.S. credit CIF rose 7.1% YOY from 492 million one-year…

Capital One Continues to Drive U.S. PDV Growth 20% YOY

Capital One Continues to Drive U.S. PDV Growth 20% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Purchase Dollar Volume (PDV) among the top four U.S. bank credit card issuers, rose 10.0% year-on-year (YOY) in the first quarter (1Q/16). Capital One PDV grew more than 20% YOY, while Chase and Citi also scored double digit gains. The top four U.S. issuers racked up $281.4 billon in PDV for…