2Q/02 Brand Volume
MasterCard continues to lead in growth rates for U.S. payment card volume. During the second quarter MasterCard’s gross dollar volume increased 16.9% compared to 2Q/01, while VISA was 11.2%, American Express down slightly, and Discover flat. Across the industry, total card volume is growing at an 11.9% annual rate at mid-year. Purchase volume is up 10.4% while cash volume soared by 30.2%, according to CardData ([www.carddata.com][1]).
Second Quarter 2002
U.S. Quarterly Charge Volume by Brand
(credit + off-line debit)
PURCHASE VOLUME
VISA $188.9b (+7.6%)
MasterCard $110.5b (+15.7%)
TOTAL $299.4b (+10.4%)
CASH VOLUME
VISA $59.5b (+24.5%)
MasterCard $40.2b (+39.6%)
TOTAL $99.7b (+30.2%)
TOTAL VOLUME
VISA $248.4b (+11.2%)
MasterCard $150.7b (+16.9%)
AmEx $58.7b (-0.2%)
Discover $23.5b (NC)
TOTAL: $481.3b (+11.9%)
Source: CardData (www.carddata.com)
[1]: http://www.carddata.com
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