Visa + MC Intl Q1 GAC +8% YOY — A/P Region Most Robust

Visa and Mastercard international gross (open) payment card accounts (GAC) for the first quarter (1Q/17) grew an adjusted 7.5% year-on-year (YOY). International credit GAC was up 14.5% YOY and international debit GAC soared 33.2% in 1Q/17, both unadjusted, according to CardData. Visa began including Visa Europe in its operational performance reports as of 3Q/16. Visa…

V+MA International Q1 PTX +15% YOY minus V Europe

International purchase transactions (PTX) for Visa and Mastercard credit and debit cards grew by 14.8% year-on-year (YOY) in the first quarter (1Q/17), excluding Visa Europe. Including Visa Europe, added starting 3Q/16, the YOY gain was 50.1%. International PTX, including Visa Europe, for credit cards increased 22.6% YOY while international PTX for debit cards rose 89.5%…

Reloadable Visa Virtual/Digital Account Handy U Combines All Things Payment

IATAI Enterprises (IATAI) and BPP have developed a universal and customizable payment, rewards and insurance solution for consumers, businesses and merchants. Handy U is a reloadable Visa virtual/digital account that enables IATAI’s travel and insurance clients to instantly make and receive payments, access benefits and redeem rewards generated by their loyalty programs. Handy U is…

Visa Steps on the Gas to Accelerate B2B Payments – Inks 5 Partners

Visa rolled-out the Visa Ready Program for Business Solutions, a strategic framework to help technology companies that integrate with Visa’s business-to-business (B2B) payment services and data solutions ensure that they meet Visa’s standards and are market ready. Bora Payment Systems, Bottomline Technologies, CSI globalVCard, MineralTree and Priority Commercial Payments are the first partners to obtain…

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…