V + MA Q1 U.S. Payment CIF +10% YOY Driven by V Credit CIF
U.S. cards-in-force (CIF) for Visa and Mastercard payment cards (credit & debit) increased 8.4% year-on-year (YOY) in the first quarter (1Q/17). U.S. credit cards increased 9.7% YOY while CIF for debit cards rose 7.5% YOY, in 1Q/17, according to CardData. There are were 1272 million Visa and Mastercard payment cards in circulation in the U.S.…