V+M U.S. Q1 PDV Up 8.8% YOY Driven by Visa Credit
U.S. Purchase Dollar Volume (PDV) for Visa and Mastercard payment cards (credit + debit) in the first quarter (1Q/17) grew at an annual rate (YOY) of 8.8% YOY, according to CardData. U.S. Visa and Mastercard reported payment card PDV of $1099 billion for 1Q/17, compared to $1137 billion in the prior quarter, and $1010 billion…