Gross dollar volume (GDV) for Visa, Mastercard, American Express and Discover credit cards in the U.S. climbed 9.9% year-on-year (YOY) in 3Q/18, compared to 9.4% YOY for 2Q/18, reaching $959 billion. American Express led the way in the third quarter posting a 10.8% YOY gain for U.S. GDV, while all the other networks posted high…
Credit card marketshare, among the nation’s four major payment card networks, produced $1747 billion in U.S. gross dollar volume (GDV) in the second quarter (2Q/18) for a 9.3% year-on-year (YOY) gain. Visa continues to rule the market, growing its U.S. GDV marketshare from 61.1% in 2Q/17 to 61.4% in 1Q/18. VISA Visa posted a 9.3%…
Mastercard’s cross-border volume, on a currency adjusted basis (FX), soared in the second quarter (2Q/18) outpacing Visa by 158 basis points (bps) year-on-year (YOY). Sequentially, quarter-to-quarter (QTQ), Mastercard slipped a 121 bps, compared to Visa’s flat performance YOY. Cross-border transaction volume refers to payments and cash volume where the issuing country is different from the…
Payment cards worldwide or cards-in force (CIF) [credit + debit] grew by 6.4% year-on-year (YOY) in the second quarter (2Q/18) to 5412 million, compared to 5323 million for 1Q/18 and 5088 million, one-year ago. All the four major U.S. based payments networks posted gains in 2Q/18, according to CardData. Visa and MasterCard Rule the Planet…
Payment card transactions (PTX) for Visa and Mastercard credit and debit cards in the U.S. grew by 9.5% year-on-year (YOY) in the second quarter (2Q/18) to 24.1 billion. The growth was driven by Mastercard credit and debit cards. U.S. payment card purchase transactions for Visa and Mastercard (debit+credit) hit 24,067 in 2Q/18, compared to 22,221…
European Credit Cards Q2 for Visa and Mastercard posted strong year-on-year (YOY) gains for the second quarter (2Q/18). On a non-currency adjusted basis (NFX), gross dollar volume (GDV) rose 16.5% YOY, purchase dollar volume (PDV) increased 19.2% YOY, and cards-in-force (CIF) climbed 6.1% YOY. On a currency adjusted basis (FX), Visa GDV rose 7.3% YOY…
Purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally rose 13.7% year-on-year (YOY) on a nominal dollars basis for the second quarter (2Q/18). However, on a currency adjusted basis (FX), global 2Q/18 PDV increased 12.1% YOY. The major four U.S.-based global networks posted $3511 billion in global PDV…
Visa and Mastercard purchase dollar volume (PDV), currency adjusted (FX), in the Latin American Caribbean (LAC) region skyrocketed in the second quarter (2Q/18) with year-on-year (YOY) growth in double digits. Mastercard has been slowly gaining on Visa in the LAC, eroding Visa’s marketshare in the LAC region, based on nominal PDV, to 61% at end-of-year…
Profits for the top four networks were all over the map year-on-year (YOY) in the second quarter (2Q/18). The network peer group net income (after tax) soared 20.8% YOY for 2Q/18, largely driven by Mastercard. Visa, Mastercard, American Express and Discover reported a combined 2Q/18 (after tax) profit of $6190 million, compared to $6397 million…
Visa and Mastercard international payment card (credit + debit) purchase dollar volume (PDV) for the second quarter (2Q/18) posted US$1873 billion, up 16.8% year-on-year (YOY), on a nominal basis. On a currency adjusted basis (FX) international PDV increased 14.1% YOY. Visa and Mastercard international credit card PDV for 2Q/18 posted US$1195 billion, compared to US$1159…
Purchase dollar volume (PDV) for the Major 4 networks (Visa, Mastercard, American Express and Discover) cards (credit + debit) in the U.S. climbed 10.3% year-on-year (YOY) in 2Q/18 topping $1536 billion. Visa barely led the way in the second quarter posting a 10.5% YOY gain for U.S. PDV. The Major 4 collectively posted $1536.6 billion…
Gross dollar volume (GDV) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally increased 10.9% year-on-year (YOY) on a nominal dollars basis, for the second quarter (2Q/18). However, on a currency adjusted basis (FX) global GDV for 2Q/18 increased an estimated 10.3% YOY. The major four networks posted $4648 billion in global…
