Global purchase transactions (PTX) for Visa and Mastercard debit and credit cards, excluding Visa Europe, rose 10.1% year-on-year (YOY) in the first quarter (1Q/17). Including Visa Europe PTX increased 28.1%, according to CardData.
The two networks combined processed 51.0 billion purchase transactions in 1Q/17, compared to 53.0 billion for the fourth quarter and 39.8 billion one-year ago.
Excluding Europe, Visa posted an 11.2% YOY gain in PTX. Including Visa Europe, the YOY gain was 41.2%. Visa reported 1Q/17 PTX of 33.9 billion, compared to 35.4 billion for 4Q/16, and 24.0 billion for 1Q/16. Europe PTX was 7.2 billion for 1Q/17.
Mastercard reported an 8.2% jump in PTX from 15.8 billion for 1Q/16 to 17.1 billion for 1Q/17, and compared to 17.6 billion in the prior quarter.
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