MasterCard’s (MC) Asia Pacific – Middle East – Africa (APMEA) region Q2/15 FX-adjusted Purchase Dollar Volume (GDV) rose year-on-year (YOY) by 15.4%, but down sharply from Q2/14’s 17.6% YOY gain. But a nice rebound from the past four quarters says CardData.
Purchase Dollar Volume (PDV) rose YOY 15.4% on a currency adjusted basis (FX) in the first quarter to US$232 billion.The total number of Purchase Transactions (PTX) hit 2895 million, compared to 2227 million one-year ago.
MC’s Cash Dollar Volume (CDV) was up by 13.9% YOY FX to US$112 billion. The total number of Cash Transactions (CTX) hit 1055 million, compared to 883 million one-year ago.
MC has 511 million cards-in-force (CIF) currently in the APMEA region, compared to 447 million in Q2/14. The total number of accounts rose to 478 million in Q2/15, compared to 417 million for Q2/14.
Gross Dollar Volume YOY (FX)
Source: CardData; MasterCard
For data, background and forecasts on MasterCard’s APMEA Region: 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).
Gross dollar volume, purchase volume, cash volume and the number of purchase transactions, cash transactions, accounts and cards on a regional and global basis for MasterCard-branded and MasterCard Electronic branded cards. GDV represents purchase volume plus cash volume and includes the impact of balance transfers and convenience checks; “purchase volume” means the aggregate dollar amount of purchases made with MasterCard-branded cards for the relevant period; and “cash volume” means the aggregate dollar amount of cash disbursements obtained with MasterCard-branded cards for the relevant period. The number of cards includes virtual cards, which are MasterCard-branded payment accounts that do not generally have physical cards associated with them. The MasterCard payment product is comprised of credit, charge and debit programs, and data relating to each type of program is included in the tables. Debit programs include MasterCard-branded debit programs where the primary means of cardholder validation at the point of sale is for cardholders either to sign a sales receipt or enter a PIN. The data include information with respect to transactions involving MasterCard-branded cards that are not processed by MasterCard and transactions for which MasterCard does not earn significant revenues. Information denominated in U.S. dollars is calculated by applying an established U.S. dollar/local currency exchange rate for each local currency in which MasterCard volumes are reported. These exchange rates are calculated on a quarterly basis using the average exchange rate for each quarter. MasterCard reports period-over-period rates of change in purchase volume and cash volume on the basis of local currency information, in order to eliminate the impact of changes in the value of foreign currencies against the U.S. dollar in calculating such rates of change.