International payment cards for Visa and Mastercard grew at a softer pace in the first-quarter. However, international debit and prepaid cards are growing a twice the pace of international credit and charge cards since 2015. Visa [V] and Mastercard [MA] international payment CIF (cards-in-force) increased 6.5% YOY (year-on-year) in the first-quarter (1Q/19), compared to a…
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…
Debit card accounts continue to grow at nearly twice the pace of credit card accounts in the U.S. with Mastercard leading Visa by 198 bps (basis points) YOY (year-on-year) in the first-quarter. In the U.S. market, debit and prepaid accounts make up slightly more than 60% of the total 1.2 billion payment card accounts currently…
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,…
U.S. card transactions for the two largest payment networks increased 6.2% YOY (year-on-year) in the first-quarter, and now running at a CAGR (compound annual growth rate) of 7.81%. Visa [V] and Mastercard [MA] combined, posted a 6.8% YOY gain in U.S. credit and charge card GTX (gross transactions), compared to a 5.9% YOY gain in…
Second-quarter card profits for the four largest U.S.-based payment card networks and the four largest credit card issuers will likely post robust performance. Consumer confidence indices, government data, and retail sales activity point to strong growth in PDV (purchase dollar volume) for the payment networks and sharp increases in cardholder balances for card issuers, reflecting…
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…
Visa CEMEA payment transactions continued to skyrocket in the first-quarter even though the momentum over the past five years has been fading. Visa’s CEMEA (Central Europe, Middle East, Africa) payment volume remains solidly above 20% YOY (year-on-year) for six consecutive quarters. The CEMEA customer base has been expanding, but the slowest among Visa’s five international…
Visa global Q2 profit is likely to set a new record exceeding $3 billion, but performance measurements are pointing to a softer outlook for the near term. In the first-quarter (1Q/19) purchase dollar volume (PDV) posted above 8% year-on-year (YOY), cross-border volume was up 4% YOY and global processed transaction volume rose 11% YOY, all…
Mastercard Latin America Caribbean (LAC) region continues to nibble at Visa’s LAC marketshare with FX (currency adjusted) PDV (Purchase Dollar Volume) rising 750 bps (basis points) above Visa for the first-quarter (1Q/19). During the past 12 months Mastercard added 19 million CIF (Cards-in-Force) in the LAC region, as opposed to Visa’s seven million CIF. LAC…
Mastercard Visa PDV (Purchase Dollar Volume) for U.S. payment cards (credit + charge + debit + prepaid) in the first quarter (1Q/19) grew by a year-on-year (YOY) rate of 8.2%, driven by debit and prepaid cards, rising 9.3% YOY. Since 2015, Visa and Mastercard U.S. PDV has been growing at a CAGR of 9.25% or…
U.S. credit card GDV (gross dollar volume) for Visa [V], Mastercard [MA], American Express [AXP], and Discover [DFS] in the first-quarter 2019, declined to a 7.0% year-on-year (YOY) gain, compared to 9.8% one-year ago, a 9.4% YOY gain in 1Q/17 and an 8.6% jump in 1Q/16. NEW REPORT from CardData reports $932 billion in gross…