V+MA+AXP+DFS Q1 U.S. Credit+Debit PDV Up 6.5% YOY

Purchase dollar volume (PDV) for the Major 4 networks (Visa, Mastercard, American Express and Discover) cards (credit + debit) in the U.S. climbed 6.5% year-on-year (YOY) in 1Q/17 hitting $1288 billion. Visa led the way in the first quarter posting nearly a 12% YOY gain for U.S. PDV. The Major 4 collectively posted $1288 billion…

V+MA Q1 International Credit+Debit GDV +19% YOY NFX

Visa and Mastercard international credit card gross dollar volume (GDV) for the first quarter (1Q/17) rose 18.6%, on a non-currency adjusted basis (NFX), year-on-year (YOY). For international debit cards, Visa and Mastercard GDV increased 48.2% YOY NFX, according to CardData. Excluding Visa Europe, Visa and Mastercard international payment card (credit+debit) GDV for the first quarter…

V+MA+AXP+DFS Q1 U.S. CC GDV – V +20% AXP -6%

Gross dollar volume (GDV) for Visa, Mastercard, American Express and Discover credit cards (CC) in the U.S. climbed 9.4% year-on-year (YOY) in 1Q/17 reaching $793 billion, according to CardData. Visa led the way in the first quarter posting a 19.8% YOY gain for U.S. GDV, offsetting the American Express decline. Visa reported first quarter U.S.…

V+MA Q1 Canada PDV Solid Double-Digits FX YOY Growth Driven by MA

Purchase dollar volume (PDV) in Canada for Visa and Mastercard posted strong performance in the first quarter (1Q/17) up 16.4% year-on-year (YOY). Canadian cards-in-force (CIF) increased 5.9% YOY to 108 million, according to CardData. For 1Q/17, Visa posted a 430 basis points (bps) increase YOY in PDV, while Mastercard reported a 370 bps YOY PDV…

New Soldo Corporate Expense Prepaid Mastercard Targets UK & Italy

Soldo, a London-based FinTech, has ankled Germany’s Wirecard to power its Corporate Expense Prepaid Mastercard. This solution is part of Soldo’s multi-user spending account for businesses which can now take advantage of multiple Mastercard cards for use by employees, collaborators or company departments alongside an intuitive app and a sophisticated Admin Dashboard that allows a…

V+MA 1Q/17 U.S. PTX Edges Upward Pushed by V Credit Cards

Purchase transactions (PTX) for Visa and Mastercard credit and debit cards in the U.S. grew by 4.8% year-on-year (YOY) in the first quarter (1Q/17) to 20.3 billion. The growth was driven by credit cards, and more specifically Visa. according to CardData. U.S. purchase transactions for Visa and Mastercard payment cards (debit+credit) hit 20,388 in 1Q/17, compared…

V+MA 1Q/17 International CIF Up 7.7% YOY Driven by MA +9.9% YOY

International payment cards-in-force (CIF) for Visa and MasterCard, excluding Visa Europe, increased 7.7% year-on-year (YOY) in the first quarter (1Q/17). International debit card CIF rose 15.7% YOY, while international credit card CIF increased 33.6% YOY, according to CardData. The figures are skewed as Visa began reporting Europe data in the third quarter. With Visa Europe…

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…