Global Cards

Global Cards Head to 6B Milestone w/5.45% CAGR

Global cards from the four U.S.-based payment card networks expanded by 286 million credit and debit cards-in-force (CIF), over the past twelve months. Visa [V], Mastercard [MA], American Express [AXP], and Discover/Diners [DFS], global payment cards, including credit, charge, debit and prepaid products, grew 5.2% year-on-year (YOY) in the third-quarter (3Q/19). Growth has been eroding…