Proprietary Report with Analysis on V+M U.S. Payment Card Gross (Open) Accounts.
Visa and Mastercard U.S. gross (open) payment card accounts (GAC) for the first quarter (1Q/17) grew 8.2% year-on-year (YOY). U.S. credit GAC was up 8.3% YOY and U.S. debit GAC increased 7.6% YOY in 1Q/17.
The overall U.S. GAC growth was driven by Visa credit and debit products.
Totally, Visa and Mastercard reported 1091 million U.S. payment (credit + debit) card GACs for 1Q/17, compared to . . . .