VISA USA reports that commercial purchase dollar volume for the first quarter was up 16.5% over 1Q/06. For the past four quarters commercial card PDV rose 20% to more than $180 billion. During the first quarter VISA added 1.3 net new commercial accounts, ending the quarter with 31.5 million. One-year ago VISA reported 26.3 million accounts. The number of commercial cards increased 13.4% to 29.5 million. The commercial segment has consistently logged about 300 million transactions per quarter over the past year. For complete details on VISA’s latest results visit CardData ([www.carddata.com][1]).
pre.
VISA U.S. COMMERCIAL
(Purchase Dollar Volume)
1Q/06: $39.5 billion
2Q/06: $43.9 billion
3Q/06: $45.4 billion
4Q/06: $45.5 billion
1Q/07: $46.0 billion
Source: CardData (www.carddata.com)
[1]: http://www.carddata.com
