Visa Continues to Lead the Major 4 Networks in U.S. GDV YOY
Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 9.0% year-on-year (YOY) in 1Q/16 reaching a record $1401 billion. Visa led the way in the first quarter posting a 10.0% YOY gain for U.S. GDV. Visa reported first quarter GDV of $823 billion, compared…