V+M Q1 U.S. Payment Card Cash Transactions Slowly Erode YOY
Cash transactions (CTX) for Visa and Mastercard U.S. credit and debit cards in the U.S. declined by 1.4% year-on-year (YOY) in the first quarter (1Q/17), according to CardData. U.S. 1Q/17 credit card cash transactions were down 0.4% YOY, as U.S. debit card CTX decreased 1.4% YOY. Visa’s 1Q/17 CTX for U.S. credit cards was flat…