Debit card historical statistics have become skewed as MasterCard begins to lump its PIN debit card activity with its signature card figures. As a result it appears that debit card purchase volume has soared 55% since last year but more likely the true figure is around 18% year-on-year. VISA continues to break out its offline and online debit figures. MasterCard has not previously released online debit card activity in the U.S. During the second quarter, consumers and businesses charged $213.0 billion to their VISA and MasterCard PIN and signature debit cards for purchases. VISA posted $123.1 billion in second quarter signature debit card purchase volume and $35.9 billion in PIN debit purchase volume. MasterCard reported $54.0 billion in online and offline PDV for 2Q/06. For complete current and historical statistics on the U.S. signature debit card market, visit CardData ([www.carddata.com]).
U.S. DEBIT SNAPSHOT
(Purchase Volume Only)
MasterCard $ 54.0b
Source: CardData (www.carddata.com)