Second-Quarter PDV

Second-Quarter PDV Declines 200 bps YOY U.S. CAGR 8.78%

Second-quarter PDV (purchase dollar volume) for the U.S. payment cards (credit+debit+charge+prepaid) grew 9.1% YOY (year-on-year), compared to 11.1% one-year ago. Mastercard picked up 90 bps (basis points), while Discover declined 440 bps during the same period. The Major 4 U.S.-based payment card networks: Visa [V]; Mastercard [MA]; American Express [AXP]; and Discover (DFS) collectively posted…

Credit Card GDV

Credit Card GDV Among Big 6 U.S. Issuers Pumps the Brakes

Credit card GDV (gross dollar volume) among the Big 6 U.S. bank card issuers, rose an estimated 8.0% year-on-year (YOY) in the first-quarter (1Q/19), compared to a 10.5% YOY gain for 1Q/18; 10.0% YOY increase in 1Q/17; and a 5.9% YOY gain for 1Q/16. Chase led the peer group with a YOY gain nearing 10%…

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…

First-Quarter Card PDV

First-Quarter U.S. Card PDV Growth Weakest in 5 Yrs – 6.87% CAGR

First-quarter U.S. card PDV (Purchase Dollar Volume) expanded by a slower annual rate in more than five years for the Big 6 credit card issuers led by strong performances by Capital One and Chase. Chase led in YOY (Year-on-Year) growth will Capital One leads in four-year CAGR (compound annual growth rate). U.S. credit card PDV…

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,…

Chase Card Marketshare Top 4

Chase Card Marketshare Explodes 120 bps YOY as Top 4 Near 47%

Chase card marketshare, based on U.S. purchase dollar volume (PDV) of Visa [V], Mastercard [MA], American Express [AXP] and Discover [DFS] jumped to nearly 20% in the first-quarter (1Q/19). Chase, the nation’s largest credit card issuer on outstandings and the fastest growing issuer based on PDV among the top issuers, surged 90 bps (basis points)…

Visa Asia-Pacific Payment

Visa Asia-Pacific Payment Q1 Posts Garden-Variety Performance

Visa Asia-Pacific payment performance is unremarkable for the first-quarter with all metrics at, or below par, compared to the prior five quarters. While Visa Asia-Pacific is the only region reporting more than one billion cards, it is also the slowest growing in payment volume and payment transactions, among Visa’s five international regions. Visa Asia-Pacific posted…

Mastercard APMEA Payment

Mastercard APMEA Payment CIF to Top 1B in 2021 w/20% PTX CAGR

Mastercard APMEA payment transactions continued to roar in the first-quarter even though the momentum over the past five years has been slowing. Mastercard’s APMEA (Asia Pacific, Middle-East, Africa) region payment volume dipped below 10% YOY (year-on-year) for the first time since 3Q/17, on an FX (currency adjusted) basis. The APMEA customer base continues to grow…

U.S. Credit Card GDV

U.S. Credit Card GDV for Top 4 Down 380 bps YOY CAGR Slips 30 bps

U.S. credit card GDV (Gross Dollar Volume) rose 7.3% YOY (year-on-year) in the first-quarter (1Q/19) among the nation’s four largest issuers. This compares to a growth rate of 11.1% YOY for 1Q/18. The CAGR (compound annual growth rate) for GDV, which includes purchases and cash advances), also declined from 12.51% to 12.21% during the same…