Mastercard U.S. YOY PDV Continues to Slip – Average Tix Drops Below $54
Mastercard’s U.S. purchase dollar volume (PDV) quarterly year-on-year (YOY) growth has been spiraling down this year tumbling to 4.8% in the third quarter, compared to 7.9% for 3Q/15, 8.2% for 3Q/14, and 9.1% for 3Q/13. Mastercard reported gross dollar volume (GDV) also declined to a 4.8% gain YOY, compared to 7.5% YOY in 2Q/16 and…