U.S. Credit Card Charge-Offs Head Higher

V+MA International Q1 PTX +15% YOY minus V Europe

Data, MasterCard, Payments, PDV, UNITED STATES, Visa

International purchase transactions (PTX) for Visa and Mastercard credit and debit cards grew by 14.8% year-on-year (YOY) in the first quarter (1Q/17), excluding Visa Europe. Including Visa Europe, added starting 3Q/16, the YOY gain was 50.1%. International PTX, including Visa Europe, for credit cards increased 22.6% YOY while international PTX for debit cards rose 89.5%…