MasterCard’s average ticket (TIX) per purchase for U.S. credit cards has increased 10.3% since 2009, compared to Visa’s decrease of 1.9% during the same five year period. MasterCard’s average U.S. debit card purchase TIX runs about 4.8% higher than Visa’s since 2009. According to CardData, the MasterCard average TIX for full-year 2014 for credit cards is $90.23 and $39.42 for debit cards, up $8.39 and 8 cents respectively, compared to 2010.
In the U.S., MasterCard processed 6.7 billion credit card transactions last year on purchase dollar volume (PDV) of $607 billion. U.S. debit card transactions were 13.6 billion and PDV was $536 billion for 2014.
In 2010, MasterCard processed 5.8 billion U.S. credit card transactions for $479 billion in PDV and 13.6 billion U.S debit card transactions on $536 billion of PDV.
MASTERCARD U.S. AVG CC/DC TIX
Source: MasterCard; CardData
Worldwide purchase volume during the fourth quarter was up 12% on a local currency basis versus the fourth quarter of 2013, to $858 billion. As of December 31, 2014, the company’s customers had issued 2.1 billion MasterCard and Maestro-branded cards.
Net revenue for the fourth quarter of 2014 was $2.4 billion, a 14% increase versus the same period in 2013 as-reported and 17% increase adjusted for currency. Net revenue growth was driven by the impact of the following: an increase in cross-border volumes of 19%; a 13% increase in gross dollar volume, on a local currency basis, to $1.2 trillion; and an increase in processed transactions of 11%, to 11.6 billion.
These factors were partially offset by an increase in rebates and incentives. Acquisitions contributed 3 percentage points to total net revenue growth.
Worldwide purchase volume during the quarter was up 12% on a local currency basis versus the fourth quarter of 2013, to $858 billion. As of December 31, 2014, the company’s customers had issued
2.1 billion MasterCard and Maestro-branded cards.
MasterCard says looking ahead will continue to drive payment innovation with solutions such as MasterPass, and by increasing electronic payments usage globally as demonstrated by its significant expanded acceptance footprint across Africa.
Total operating expenses increased 26%, or 29% adjusted for currency, to $1.4 billion, during the fourth quarter of 2014 compared to the same period in 2013, excluding that period’s special item. The primary driver of this quarter’s expense growth was an $87 million restructuring charge taken in this year’s period.
For data, background and forecasts on MasterCard: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 payments metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).