Credit Card Accounts U.S.

Credit Card Accounts Among Major 4 U.S.-Based Payment Networks Nose Up in Q4

Credit card accounts in the fourth quarter (4Q/18) for the U.S. Major 4: Visa, Mastercard, American Express and Discover, were up 5.0% year-on-year (YOY). For 4Q/17 the Major 4 gained 0.7% YOY and during 2016, the Major 4 increased U.S. gross credit card accounts (GAC) by 5.6%, according to data gathered by CardData. Mastercard led…

Latin America Purchase Dollar Volume PDV

Latin America PDV YOY FX Explodes for Credit and Debit Cards in Fourth Quarter

Latin America PDV (purchase dollar volume) with Visa and Mastercard credit and debit cards exploded by 18.0% year-on-year (YOY) in the fourth quarter (4Q/18). Likewise, gross dollar volume (GDV), on a currency adjusted basis (FX), soared by 11.5% YOY. Both metrics for the Latin America Caribbean (LAC) region were driven by a strong U.S. dollar…

Payment Card Marketshare Q3

Payment Card Marketshare Moves in Mastercard’s Favor Based on Q4 U.S. GDV by 20 bps

Payment card marketshare among the Major 4 U.S. networks for the fourth quarter (4Q/18) reveals Mastercard has picked up share at the expense of American and Discover, while Visa remains solid. Based on gross dollar volume (GDV) Visa’s U.S. share has held steady at 61.2% for the past two years. Mastercard’s U.S. share inched up…

European Credit and Debit Cards

European Credit Cards and Debit Cards Q4/18 Performance In Fine Fettle

European credit cards and debit cards, on a currency adjusted basis (FX), posted strong double-digit year-on-year (YOY) gains in the fourth quarter (4Q/18). Visa and Mastercard gross dollar volume (GDV) increased to 13.3% YOY FX, while purchase dollar volume (PDV) soared 15.1% YOY FX in 4Q/18, according to data collected by CardData. On a non-currency,…

Credit Card Gross Volume

Credit Card Gross Volume Tops $1 Trillion in Q4 for U.S. Major 4 Networks

Credit card gross volume for Visa, Mastercard, American Express and Discover credit cards, the Major 4, in the U.S. climbed 8.6% year-on-year (YOY) in the fourth quarter (4Q/18), compared to 10.1% YOY for 4Q/17, reaching $1007 billion in gross dollar volume (GDV), according to figures collected by CardData. Major 4 Q4 Analysis This is the…

Credit Card Dollar Volume

Credit Card Dollar Volume Growth Among Big 6 U.S. Issuers Slumps a Tad in Q4

Credit card dollar volume among the Big U.S. six U.S. bank card issuers, rose an estimated 8.7% year-on-year (YOY) in the fourth quarter (4Q/18), compared to a 9.4% YOY gain for 4Q/17. Capital One led the peer group with a high double-digit growth YOY in 4Q/18 for gross dollar volume (GDV), followed by Chase, also in…

Processed Switched Transactions

Processed Switched Transactions Globally for Visa and Mastercard Vigorous in 2018

Processed or switched transactions (TX) in the fourth quarter (4Q/18), for Visa and Mastercard combined, globally, remains in double-digits year-on-year (YOY), hovering around a 12% growth rate. MasterCard, is by far running away with significant YOY gains over Visa, posting a 700 basis points (bps) spread over Visa in 4Q/18 for processed switched transactions. Combined…

Global Credit Card Networks PDV

Global Credit Card Networks Continue Double-Digit Currency Adjusted PDV Gains YOY

Global credit card networks purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover/Diners cards (credit + debit) globally rose 8.2% year-on-year (YOY) on a nominal dollars basis (NFX) for the fourth quarter (4Q/18). However, on a currency adjusted basis (FX), global 4Q/18 PDV increased 13% YOY.  The major four U.S.-based global networks posted…

International Visa Mastercards

International Visa Mastercards Surpass Four Billion Cards-in-Force

International Visa Mastercards set a new record of 4 billion cards-in-force (CIF) in the fourth quarter (4Q/18), growing 7.5% year-on-year (YOY) last year, compared to a 5.7% YOY gain for 2017, according to figures gather by CardData. International credit card CIF for Visa and Mastercard increased 5.7% YOY in (4Q/18), while international debit card CIF…

Top 4 GDV - Capital One

Capital One Volume for U.S. Credit Cards Crosses $100 Billion Milestone in Q4

Capital One volume for the final quarter of 2018 (4Q/18) posted a solid 10.8% year-on-year (YOY) gain in gross dollar volume (GDV), which includes purchases and cash advances. The nation’s second largest issuer topped the $100 billion quarterly GDV mark for the first time, according to figures compiled by CardData. Capital One is also the…

Big 6 U.S.Credit Card PDV

Credit Card PDV Slips & Slides Among Big 6 in Q4 Due to Rocky Holiday Sales

U.S. credit card PDV (Purchase Dollar Volume), for credit cards, among the Big 6 U.S. credit card issuers, rose 7.7% year-on-year (YOY) for the fourth quarter (4Q/18), compared to growth rate of 10.9% for 3Q/18, and 10.6% for 2Q/18, according to figures collected by CardData. Capital One and Chase are duking it out among the…