Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 9.8% on a currency adjusted basis (FX). MasterCard led the pack with a 12.1% year-on-year (YOY) GDV (FX) increase, according to CardData.
Visa reported a 9.6% YOY (FX) gain (1.3% nominal) for the first quarter in global GDV of $1753 billion, compared to $1900 billion for Q4/14 and $1730 billion for Q1/14. (Visa Europe figures are not included.)
MasterCard posted a 12.1% YOY (FX) gain (1.8% nominal) with first quarter global GDV of $1063 billion, compared to $1173 billion for Q4/14 and $1044 billion for Q1/14.
American Express posted a 7.0% YOY (FX) gain (3.0% nominal) with first quarter global GDV of $256 billion, compared to $269 billion for Q4/14 and $254 billion for Q1/14.
Discover reported a 2.0% YOY nominal gain with first quarter global (+Diners) GDV of $35 billion, compared to $40 billion for Q4/14 and $35 billion for Q1/14.
RAM Research forecasts Global GDV will slightly top $3.3 trillion in the second quarter.
GLOBAL PAYMENT CARD GROSS DOLLAR VOLUME
(Visa + MasterCard + American Express + Discover)
1Q/14: $3047 billion
2Q/14: $3267 billion
3Q/14: $3338 billion
4Q/14: $3382 billion
1Q/15: $3097 billion
For data, background and forecasts on Global GDV: 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 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).