PayPal Continues to Rock ’n Roll as Q4 PTX & TPV Top 20% YOY

PayPal continues to gain market share as total payment volume (TPV) soared 22% year-on-year (YOY) in the fourth quarter (4Q/16). However, the transaction margin declined 340 basis points (bps) in the quarter, compared to 4Q/15, according to CardData. During 2016, PayPal added 18 million active accounts, reflecting double digit YOY growth. Transaction revenues for 4Q/16…

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Sales Made on Smartphones Up 65% YOY as Retailers Embrace 2017 mRevolution

A new study shows 2016 direct online sales totaled an estimated 11.6% of total U.S. retail sales of $394 billion, but digital touchpoints actually impacted an estimated 49% of total U.S. retail sales. According to The State of Retailing Online 2017: Key Metrics, Business Objectives and Mobile by the National Retail Federation’s Shop.org division and…

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Mastercard Q4 US PDV YOY Growth Declines to Lowest Since Great Recession

Mastercard’s U.S. purchase dollar volume (PDV) quarterly year-on-year (YOY) growth has been spiraling down this year tumbling to 2.7% in the fourth quarter (4Q/16), compared to 8.8% for 4Q/15, 8.2% for 4Q/14, and 7.6% for 4Q/13, according to CardData. Mastercard reported gross dollar volume (GDV) inched out a 2.6% gain YOY for the fourth quarter,…

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U.S. Bank Consumer Credit Cards Expand as Q4 Acquiring Volume Slides

U.S. Bank (USB)’s Payment Services division reports explosive year-on-year (YOY) growth in consumer credit card gross dollar volume (GDV), as well as a double-digit YOY gain in credit card outstandings (OUT) for the fourth quarter (4Q/16), driven by acquisitions, according to CardData. Acquiring volume continued to decline for the third consecutive quarter. USB’s Payment Services…

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