Proprietary Report with Analysis on V+M U.S. Payment Card Cash Dollar Volume.
U.S. Cash Dollar Volume (CDV) for Visa and Mastercard (credit + debit) in the first quarter (1Q/17) grew at an annual rate (YOY) of 1.1%. The growth was driven by Visa debit cards.
Visa and Mastercard reported $187 billion in 1Q/17 CDV for payment cards, compared to $186 billion in the prior quarter quarter, and $185 billion one-year ago.
U.S. CDV for Visa and Mastercard credit cards in 1Q/17 was up 1.1%, while debit cards expanded by 1.2% YOY.
Visa and Mastercard reported . . . .