Purchase transactions (PTX) for U.S. Visa and MasterCard credit cards rose 11.7% year-on-year (YOY) in the second quarter to 5908 million. PTX for U.S. Visa and MasterCard debit cards rose 7.0% YOY in Q2/15 to 12986 million. Both metrics have been slowing over the past year.
Visa reported second quarter PDV of $683 billion, compared to $628 billion for Q1/15 and $628 billion for Q2/14. Visa posted U.S. credit card purchase transactions of 4072 million for Q2/15 and 3623 million for Q1/15. U.S. Visa debit card transactions increased from 8581 million n Q1/15 to 9242 million for Q2/15.
MasterCard posted a 6.9% YOY gain with second quarter PDV of $310 billion, compared to $286 billion for Q1/15 and $290 billion for Q2/14. MasterCard posted U.S. credit card purchase transactions of 1836 million for Q2/15 and 1609 million for Q1/15. U.S. MasterCard debit card transactions increased from 3499 million in Q1/15 to 3744 million for Q2/15.
U.S. CREDIT CARD PURCHASE TRANSACTION VOLUME (Visa + MasterCard)
2Q/14: 5287 million
3Q/14: 5457 million
4Q/14: 5737 million
1Q/15: 5232 million
2Q/15: 5908 million
U.S. DEBIT CARD PURCHASE TRANSACTION VOLUME (Visa + MasterCard)
2Q/14: 12084 million
3Q/14: 12016 million
4Q/14: 12153 million
1Q/15: 12080 million
2Q/15: 12986 million
Source: CardData; Visa; MasterCard
For data, background and forecasts on U.S. Purchase Transactions: 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].
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