Proprietary Report with Analysis on International Payment Card Gross Transactions.
International gross transactions (GTX) for Visa and Mastercard credit and debit cards grew an adjusted 11.8% year-on-year (YOY) in the first quarter (1Q/17). International unadjusted GTX for credit cards increased 22.5% YOY while international unadjusted GTX for debit cards soared an unadjusted 62.4% YOY in 1Q/17.
The data are skewed by the inclusion of Visa Europe beginning 3Q/16. In 1Q/17 Visa Europe reported 8215 million gross transactions.
In the first quarter gross international payment card GTX for Visa and Mastercard came in . . .