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3Q GDV – 12/21/15

American Express (AXP) international gross dollar volume (GDV) for the third quarter (3Q/15) rose 5.0% year-on-year (YOY) on a currency adjusted basis (FX). The gain was primarily driven by the Japan, Asia Pacific & Australia (JAPA) region which soared 14.0% YOY.


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PowaTag UnionPay

London-based Powa Technologies has inked a 10-year strategic alliance with China UnionPay to create a ubiquitous new standard in mobile commerce for CUP’s 1.3 billion credit and debit card users.


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V+M 3Q INTL CDV

Visa and MasterCard international card cash dollar volume (CDV) for the third quarter (3Q/15) posted $709 billion, compared to $722 billion in 2Q/15 and $811 billion one-year ago. However, the nominal year-on-year (YOY) change is meaningless.


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CUP QuickPass

UnionPay has launched QuickPass in Beijing with more than 20 commercial banks. Consumers can pay not only with UnionPay cards but also via its mobile solution QuickPass.


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UOB Tokenization

Singapore-based United Overseas Bank (UOB) has become the first bank in Asia-Pacific region to implement the Visa Token Service. The bank is integrating the Visa Token Service as part of its digital wallet UOB Mighty.


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V+M Intl 3Q GTX

International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 11.3% year-on-year (YOY) in the third quarter (3Q/15). International GTX for credit cards increased 8.4% YOY while international GTX for debit cards soared 20.3% YOY in 3Q/15.


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V+M Intl 3Q GDV

Visa and MasterCard international card gross dollar volume (GDV) for the third quarter (3Q/15) posted $1819 billion, compared to $1948 billion one-year ago. However, the nominal year-on-year (YOY) change is meaningless.


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Canucks & Gift Cards

A new survey shows the number of Canadians who have purchased and/or received gift cards in the last year, has grown from 68% five years ago to 87%. More than half of respondents who purchased a gift card in the past year bought four or more cards.


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V+M INTL GAC

Visa and MasterCard international gross (open) payment card accounts (GAC) for the third quarter (3Q/15) grew 8.5% year-on-year (YOY). International credit GAC was up 4.3% YOY and international debit GAC soared 11.5% in 3Q/15.


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AU Card Stats

Australian credit card outstandings edged up by 2.1% year-on-year (YOY) in September to AU$50.8 billion, compared to AU$49.7 billion one-year ago.


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Diners Club 3Q

Gross dollar volume (GDV) for licensees of Discover-owned Diners Club International declined 3.0% year-on-year (YOY) in the third quarter of 2015 to $6.56 billion.