Mastercard Europe Softens Up as PDV Slips but PTX & CIF Solid
Mastercard’s European region posted sluggish year-on-year (YOY) gains for the third quarter (3Q/16), according to CardData.com. While, on a currency adjusted basis (FX), cash dollar volume (CDV) jumped more than 22% YOY, purchase dollar volume (PDV) declined more than 2% and gross dollar volume (GDV) increase a mere 5.4%. Europe is Mastercard’s second largest international…