Canada Visa Mastercard

Canada Visa Mastercard Credit and Debit Cards Posts Solid Q3 Gains

Purchase dollar volume (PDV) for Canada Visa Mastercard payment cards (credit cards +debit cards) posted strong performance again in the third quarter (3Q/18) up 4.9% nominal or 9.9% currency adjusted (FX) year-on-year (YOY). Sequentially, nominal and FX YOY increases were 14.5% and 10.0%, respectively, Canadian payment cards-in-force (CIF) increased 10.4% YOY to 117 million for…