The nation’s four major payment card networks produced $1400 billion in U.S. gross dollar volume (GDV) in the third quarter (3Q/15). Visa continues to rule the market, growing its U.S. GDV marketshare from 58.1% in 3Q/14 to 58.7% in 3Q/15, largely at the expense of American Express.
Visa’s U.S. GDV is up 8.7% year-on-year (YOY) for the third. Visa handled $822 billion in 3Q/15 GDV, compared to $756 billion one-year ago.
MasterCard’s U.S. GDV is up 7.7% year-on-year (YOY) for the third quarter. MasterCard produced $365 billion in 3Q/15 GDV, compared to $339 billion one-year ago. MasterCard’s U.S. GDV marketshare has remained steady at 26.1% for 3Q/14 and 3Q15.
American Express’ U.S. GDV is up 4.2% year-on-year (YOY) for the third quarter. American Express processed $180.3 billion in 3Q/15 GDV, compared to $173.0 billion one-year ago. American Express U.S. GDV marketshare has declined from 13.3% for 3Q/14 to 12.9% for 3Q15.
Discover’s U.S. GDV is up 2.8% year-on-year (YOY) for the third quarter. Discover posted $33.0 billion in 3Q/15 GDV, compared to $32.1 billion one-year ago. Discover U.S. GDV marketshare has declined from 2.5% for 3Q/14 to 2.4% for 3Q15.
U.S. PAYMENT CARD 3Q/15 GDV MARKETSHARE
AMERICAN EXPRESS: 12.9%
U.S. PAYMENT CARD PAYMENT GROSS DOLLAR VOLUME (GDV)
(Visa + MasterCard + American Express + Discover)
3Q/14: $1300 billion
4Q/14: $1336 billion
1Q/15: $1285 billion
2Q/15: $1387 billion
3Q/15: $1400 billion
VISA U.S. PAYMENT GROSS DOLLAR VOLUME
3Q/13: $756 billion
4Q/14: $772 billion
1Q/15: $748 billion
2Q/15: $809 billion
3Q/15: $822 billion
MASTERCARD U.S. PAYMENT CARD GROSS DOLLAR VOLUME
3Q/13: $339 billion
4Q/14: $348 billion
1Q/15: $339 billion
2Q/15: $364 billion
3Q/15: $365 billion
AMERICAN EXPRESS U.S. PAYMENT CARD GROSS DOLLAR VOLUME
3Q/13: $173.0 billion
4Q/14: $182.5 billion
1Q/15: $169.2 billion
2Q/15: $181.6 billion
3Q/15: $180.3 billion
DISCOVER U.S. PAYMENT CARD GROSS DOLLAR VOLUME
3Q/13: $32.1 billion
4Q/14: $33.2 billion
1Q/15: $28.7 billion
2Q/15: $32.3 billion
3Q/15: $33.0 billion
Source: Visa; MasterCard; American Express; Discover
For data, background and forecasts on U.S. Marketshare: 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).