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…

International Card Purchases

International Card Purchases 10%+ YOY FX Driven by Debit

International card purchases for Visa and Mastercard jumped 10.5% YOY (year-on-year) in the first-quarter on an FX (currency adjusted) basis. International credit and charge card PDV (Purchase Dollar Volume) increased 7.8% YOY FX, while international debit and prepaid card PDV soared 14.6% YOY FX, according to figures gathered by CardData. Mastercard is growing 210 bps…

Mastercard Europe

Mastercard Europe Tramples Visa with Sustained Double-Digit Growth

Mastercard Europe is blowing Visa Europe out-of-the-water, scoring major gains across-the-board. Combined card activity for Visa and Mastercard credit, debit, charge and prepaid cards, on a currency adjusted basis (FX), posted weaker than expected year-on-year (YOY) gains in the first-quarter (1Q/19). Visa [V] and Mastercard [MA] gross dollar volume (GDV) increased to 10.4% YOY FX,…

American Express Global Card

American Express Global Card GDV +7% FX YOY as Yield Nears 11%

American Express global card for the first-quarter posted a record yield, nearing 11%, as GDV (gross dollar volume) rose 7% on an FX (currency adjusted) basis but delinquency rose 10 bps (basis points) and charge-offs jumped 30 bps. American Express (AXP) GCSG (Global Card Services Group) reported an 8.6% YOY (year-on-year) gain with total revenues…