Payment Card Marketshare Q3

Payment Card Marketshare Moves in Mastercard’s Favor Based on Q4 U.S. GDV by 20 bps

Payment card marketshare among the Major 4 U.S. networks for the fourth quarter (4Q/18) reveals Mastercard has picked up share at the expense of American and Discover, while Visa remains solid. Based on gross dollar volume (GDV) Visa’s U.S. share has held steady at 61.2% for the past two years. Mastercard’s U.S. share inched up…

Credit Card Gross Volume

Credit Card Gross Volume Tops $1 Trillion in Q4 for U.S. Major 4 Networks

Credit card gross volume for Visa, Mastercard, American Express and Discover credit cards, the Major 4, in the U.S. climbed 8.6% year-on-year (YOY) in the fourth quarter (4Q/18), compared to 10.1% YOY for 4Q/17, reaching $1007 billion in gross dollar volume (GDV), according to figures collected by CardData. Major 4 Q4 Analysis This is the…

Processed Switched Transactions

Processed Switched Transactions Globally for Visa and Mastercard Vigorous in 2018

Processed or switched transactions (TX) in the fourth quarter (4Q/18), for Visa and Mastercard combined, globally, remains in double-digits year-on-year (YOY), hovering around a 12% growth rate. MasterCard, is by far running away with significant YOY gains over Visa, posting a 700 basis points (bps) spread over Visa in 4Q/18 for processed switched transactions. Combined…

Global Credit Card Networks PDV

Global Credit Card Networks Continue Double-Digit Currency Adjusted PDV Gains YOY

Global credit card networks purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover/Diners cards (credit + debit) globally rose 8.2% year-on-year (YOY) on a nominal dollars basis (NFX) for the fourth quarter (4Q/18). However, on a currency adjusted basis (FX), global 4Q/18 PDV increased 13% YOY.  The major four U.S.-based global networks posted…

International Visa Mastercards

International Visa Mastercards Surpass Four Billion Cards-in-Force

International Visa Mastercards set a new record of 4 billion cards-in-force (CIF) in the fourth quarter (4Q/18), growing 7.5% year-on-year (YOY) last year, compared to a 5.7% YOY gain for 2017, according to figures gather by CardData. International credit card CIF for Visa and Mastercard increased 5.7% YOY in (4Q/18), while international debit card CIF…

Credit Card Profits

Credit Card Profits Q4 YOY Screwy Gains Impacted Bigly by the Year Ago Tax Act

Credit card profits for the top U.S.-based global payments networks skyrocketed year-on-year (YOY) in the fourth quarter (4Q/18). The network peer group net income (after tax) soared 240.0% YOY for 4Q/18, equally driven by “kitchen sink” quarters for Mastercard and American Express. The Major 4 (Visa, Mastercard, American Express and Discover) reported a combined 4Q/18…

First-Quarter Global CIF

Credit Cards Worldwide Plus Global Debit Add 347 Million CIF in 2018

Credit cards worldwide, including debit cards, grew 6.6% year-on-year (YOY) in the fourth quarter (4Q/18). By comparison payment cards-in force (CIF) increased 5.5% YOY in 3Q/18. At the end of 2018, global CIF for the Major 4 U.S.-based totaled 5.6 billion, compared to 5.5 billion in prior quarter, and 5.2 billion at then end of…

Cash Advance Transactions

Credit Card Cash Transactions Demand Falls in Flourishing 2018 U.S. Economy

Credit card cash transactions (CTX) for Visa and Mastercard U.S. credit and debit cards in the U.S. declined by 2.3% year-on-year (YOY) in the fourth quarter (4Q/18). U.S. 4Q/18 credit card cash transactions were flat YOY, while U.S. debit card CTX decreased 2.3% YOY, according to figures collected by CardData. Visa’s 4Q/18 CTX for U.S.…

International Payment Card Purchases

International Payment Card Purchases Post Double-Digits YOY FX Q4 Gain

Visa and Mastercard international payment card purchases (credit + debit) dollar volume (PDV) for the fourth quarter (4Q/18) posted US$1954 billion, up 6.7% year-on-year (YOY), on a nominal basis (NFX). On a currency adjusted basis (FX) international PDV increased 13.5% YOY, compared to a revised 13.9% YOY in the third quarter. Visa and Mastercard international…

Cross-Border Transactions

Cross-Border Transactions Strong for Mastercard — Weak for Visa in Q4

Mastercard’s cross-border transactions, on a currency adjusted basis (FX), soared in the fourth quarter (4Q/18) outpacing Visa by 380 basis points (bps) year-on-year (YOY). However, Mastercard’s growth rates are adjusted to eliminate the effects of differing switching days between periods. Sequentially, quarter-to-quarter, Mastercard jumped 180 bps, compared to Visa’s 300 bps decline, according to analysis…