Canadian Credit Card Q4

Canadian Credit Card Purchase Volume Down a Skosh in Q4

Canadian credit card purchase dollar volume (PDV) for Visa Mastercard payment cards (credit cards + debit cards) posted weaker than expected performance in the fourth quarter (4Q/18) up 5.5% on a nominal basis or 8.3% currency adjusted (FX) year-on-year (YOY). Sequentially, nominal and FX YOY increases were 4.9% and 9.9%, respectively, Canadian payment cards-in-force (CIF)…

Global Payment Card GDV

Global Payment Card GDV for Major 4 Networks Taps the Brakes a Bit in Q4

Global Payment Card GDV (Gross Dollar Volume) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally increased 5.8% year-on-year (YOY) on a nominal dollars basis, for the fourth quarter (4Q/18), compared to 6.2% YOY in the prior quarter. However, on a currency adjusted basis (FX) global GDV for 4Q/18 increased an estimated…

U.S. Credit/Charge Cards-in-Force

Total Major Credit Cards in the U.S. Expands by 22 Million in 2018

Total major credit cards in the U.S. topped the 672 million milestone in 2018, with Mastercard leading the charge in domestic credit/charge cards-in-force (CIF). U.S. (CIF) in the fourth quarter (4Q/18) for Visa, MasterCard, American Express and Discover was up 3.4% year-on-year (YOY), compared to 3.8% YOY growth in the prior quarter. At the end…

U.S. Payment Card PDV

Payment Card PDV Q4 Growth Driven by Mastercard in the U.S.

Payment card PDV (Purchase Dollar Volume) for the Major 4 U.S. networks (Visa, Mastercard, American Express and Discover) (credit + debit) in the U.S. climbed 10.4% year-on-year (YOY) in the fourth quarter (4Q/18) posting $1624 billion, based on figures collected by CardData   Mastercard led the major U.S. payments network peer group with an 11.5%…

Global Credit Card Profits

Global Credit Card Profits Continue to Soar Approaching 30% YOY

Global credit card profits for the top four networks are incredibly strong year-on-year (YOY) in the third quarter (3Q/18). The network peer group net income (after tax) soared 28.7% YOY for 3Q/18, equally driven by Visa and Mastercard, according to RAM Research. Visa, Mastercard, American Express and Discover reported a combined 3Q/18 (after tax) profit…

Global Payment Card GDV

Global Payment Card GDV FX YOY Remains Level in Q3

Global Payment Card GDV (Gross Dollar Volume) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally increased 6.2% year-on-year (YOY) on a nominal dollars basis, for the third quarter (3Q/18). However, on a currency adjusted basis (FX) global GDV for 3Q/18 increased an estimated 10.3% YOY, according to RAM Research. The major…

Visa Mastercard CIF for U.S.

Visa Mastercard CIF for the U.S. Market Loses Momentum in the Second Half

U.S. Visa Mastercard CIF (cards-in-force) for payment cards (credit & debit) increased 2.1% year-on-year (YOY) in the third quarter (3Q/18), compared to a 6.6% YOY gain in the prior quarter. U.S. credit cards increased 2.9% YOY while CIF for debit cards rose 1.5% YOY, in 3Q/18. There are were 1289 million Visa and Mastercard payment…

Canada Visa Mastercard

Canada Visa Mastercard Credit and Debit Cards Posts Solid Q3 Gains

Purchase dollar volume (PDV) for Canada Visa Mastercard payment cards (credit cards +debit cards) posted strong performance again in the third quarter (3Q/18) up 4.9% nominal or 9.9% currency adjusted (FX) year-on-year (YOY). Sequentially, nominal and FX YOY increases were 14.5% and 10.0%, respectively, Canadian payment cards-in-force (CIF) increased 10.4% YOY to 117 million for…

Payment Card Marketshare Q3

Visa U.S. Marketshare Grows at Expense of Mastercard and American Express

Visa U.S. marketshare (MS/GDV) expanded among the nation’s four major payment card networks. The major four networks produced $1754 billion in U.S. gross dollar volume (GDV) in the third quarter (3Q/18) for a 9.8% year-on-year (YOY) gain, compared to 9.3% YOY in the prior quarter, according to CardData. Visa continues to rule the market, growing…