Gross Transactions YOY in Double-Digits Driven by Debit Cards

Gross Transactions YOY in Double-Digits Driven by Debit Cards

International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 16.6% year-on-year (YOY) in the first quarter (1Q/16). International GTX for credit cards increased 11.9% YOY while international GTX for debit cards soared 20.9% YOY in 1Q/16. In the first quarter gross international payment card GTX for Visa and MasterCard came…

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Visa + MC International Purchase Transactions Robust

Visa + MC International Purchase Transactions Robust

International purchase transactions (PTX) for Visa and MasterCard credit and debit cards grew by 18.9% year-on-year (YOY) in the first quarter (1Q/16). International PTX for credit cards increased 17.6% YOY while international PTX for debit cards rose 20.3% YOY in 1Q/16. In the first quarter gross international payment card PTX for Visa and MasterCard came…

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Debit Cards Lead Visa + MasterCard International CIF

Debit Cards Lead Visa + MasterCard International CIF

International payment cards-in-force (CIF) for Visa and MasterCard increased 6.7% year-on-year (YOY) in the first quarter (1Q/16). International debit card CIF rose 8.9% YOY, while international credit card CIF increased 3.5% YOY. MasterCard’s international debit card CIF YOY is growing more than seven times Visa’s international debit CIF. International payment card CIF at the end…

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Briefs: BUZZ POINTS; ACCULYNK; USAT; and FRAGMOB

In Other News: BUZZ POINTS (study); ACCULYNK (Payzur); USAT (Coastal Canteen); and FRAGMOB (CMS). BUZZ POINTS – Buzz Points, the Austin-based rewards and marketing platform, announced the results of “The Total Economic Impact of Buzz Points,” a commissioned study conducted by Forrester Consulting on behalf of Buzz Points. Forrester interviewed four community financial institutions (CFIs)…

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