Proprietary Report with Analysis on V+M U.S. Payment Card Cards-in-Force.
U.S. cards-in-force (CIF) for Visa and Mastercard payment cards (credit & debit) increased 8.4% year-on-year (YOY) in the first quarter (1Q/17). U.S. credit cards increased 9.7% YOY while CIF for debit cards rose 7.5% YOY, in 1Q/17.
There are were 1272 million Visa and Mastercard payment cards in circulation in the U.S. at the end of 1Q/17, compared to 1251 million for 4Q/16 and 1173 million for 1Q/16.
Visa is leading U.S. credit card CIF in YOY growth as well as . . .