First-Quarter Visa Card U.S.

First-Quarter Visa Card U.S. PDV Plunges 300 bps YOY

First-quarter Visa card performance for the U.S. market reveals the impact of spending roadblocks including the widespread inclement weather, domestic & global economic uncertainty on both “Main Street” and “Wall Street,” not to mention the widespread damage inflicted by the “Trump Shutdown.” Visa’s U.S. payment card (credit+debit) purchase dollar volume (PDV), for the first-quarter (1Q/19),…