The number of Visa and MasterCard credit and debit cards-in-force (CIF) in the U.S. grew by 8.0% year-on-year (Y/Y) in the fourth quarter. The CIF will likely hit 1135 million in the first quarter, according to forecaster RAM Research.
MasterCard’s U.S. CIF is growing twice as fast as Visa’s rate.
Visa CIF is growing at a Y/Y rate of 6.1%, compared to MasterCard’s 12.0%.
In the fourth quarter U.S. CIF for Visa and MasterCard came in at 1135 million, compared to 1104 million the prior quarter and 1051 million in the year ago quarter.
Visa posted an estimated 763 million in U.S. CIF for Q4/14, compared to 754 million in Q3/14 and 719 million in Q4/13.
MasterCard posted 372 million in U.S. CIF for Q4/14, compared to 350 million in Q3/14 and 332 million in Q4/13.
RAM Research projects Visa will post 765 million U.S. CIF and MasterCard will post 379 million U.S. CIF in the first quarter.
Q4/13: 719 million
Q1/14: 726 million
Q2/14: 743 million
Q3/14: 754 million
Q4/14: 763 million
Q1/15: 765 million (estimated)
Q4/13: 332 million
Q1/14: 338 million
Q2/14: 340 million
Q3/14: 350 million
Q4/14: 372 million
Q1/15: 379 million (estimated)
Q4/13: 1051 million
Q1/14: 1064 million
Q2/14: 1086 million
Q3/14: 1104 million
Q4/14: 1135 million
Q1/15: 1144 million (estimated)
Source: RAM Research (ramresearch.com)
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