Visa (VS) and MasterCard (MC) Global Gross Dollar Volume (GDV) will likely increase 8.3% in the fourth quarter to $3189 billion. CardData projects U.S. GDV will come in at $1122 billion and International GDV will come in at $2067 billion.
In the third quarter GDV grew 8.6% year-on-year (Y/Y) to $1094 billion. International GDV for the combined networks increased 9.0% to $1945 billion.
U.S. V+M GDV
Q4/13: $1030 billion
Q1/14: $1008 billion
Q2/14: $1089 billion
Q3/14: $1094 billion
Q4/14: $1122 billion*
International V+M GDV
Q4/13: $1914 billion
Q1/14: $1766 billion
Q2/14: $1881 billion
Q3/14: $1945 billion
Q4/14: $2067 billion*
Visa gained 9.1% Y/Y in U.S. GDV according to CardData. Visa reported $755 billion in U.S. GDV for Q3/14, compared to $750 billion in the prior quarter, and $692 billion one-year ago.
MasterCard rose 7.6% Y/Y in U.S. GDV in the third quarter. MasterCard reported $339 billion in Q3/14 U.S. GDV, the same as for the prior quarter, and compared to $315 billion for Q3/13.
Visa international GDV gained 7.2% Y/Y for Q3/14, according to CardData. Visa reported $755 billion in international GDV for Q3/14, compared to $750 billion in the prior quarter, and $692 billion one-year ago.
MasterCard international GDV rose 11.9% Y/Y in Q3/14. MasterCard reported $818 billion in Q3/14 international GDV, compared to $786 billion in the prior quarter and $731 billion for Q3/13.
Visa figures do not include Visa Europe.
For more data on V+M Global GDV access CardData®. For information and commentary on V+M Global GDV visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on V+M Global GDV are available exclusively through CardWeb.com.®