Global V+MA Q1 PTX Up 10% Excluding V Europe

Global purchase transactions (PTX) for Visa and Mastercard debit and credit cards, excluding Visa Europe, rose 10.1% year-on-year (YOY) in the first quarter (1Q/17). Including Visa Europe PTX increased 28.1%, according to CardData. The two networks combined processed 51.0 billion purchase transactions in 1Q/17, compared to 53.0 billion for the fourth quarter and 39.8 billion one-year…

U.S. V+MA+AXP+DFS Q1 CIF Up Single Digits

Total U.S. credit/charge cards-in-force (CIF) in the first quarter (1Q/17) for Visa, MasterCard, American Express and Discover was up 6.8% year-on-year (YOY). At the end of 1Q/17, there were 654 million U.S. credit/charge CIF compared to 612 million for 1Q/16, according to CardData. Visa U.S. credit CIF for 1Q/17 jumped 13.3% YOY to an estimated…

Mastercard Globally OK But U.S. Business Spirals Down for Another Quarter

Mastercard’s U.S. purchase dollar volume (PDV) quarterly year-on-year (YOY) growth has been spiraling down this year tumbling for the fourth consecutive quarter to 2.5% in the first quarter (1Q/17), compared to 2.7% for 4Q/16, and 10.3% for 1Q/16, according to CardData. While overall Mastercard is solid globally its U.S. business is sinking fast. Mastercard reported…