Both banks have successful commercial card portfolios. Comerica ranked 11th largest among all Visa and Mastercard issuers and Fifth Third was 13th largest at year-end 2024. When combined, the portfolio will be 9th largest.
Visa and Mastercard cards issued by the 50 largest totaled 942.3 million and accounted for 74.8% of all general purpose cards issued in LA&C.
Mastercard’s program generates a 22 times return on advertising spend (ROAS) for merchants, superior results to what they obtain from third-party CLO specialists.
The manufacturers listed in Issue 1295 shipped 4.10 billion payment cards in 2024, including 3.62 billion chip cards and 472.2 million magnetic-stripe-only cards. For the complete ranking, log in and download Issue 1295. These companies also shipped 12.5 million cards that used barcodes, scratch-off panels or other means to initiate transactions but did not carry […]
Customers used Brex software to facilitate over $100 billion in total accounts payable over the last year. This includes card payments, transactions settled through the ACH, direct bill payments and wire transfers.
The 150 largest portfolios of outstanding receivables tied to Visa, UnionPay, Mastercard, American Express, JCB, Discover, Diners Club and domestic-market-only credit cards as of December 31, 2024, are ranked on page 6. Issuers from the US held a 46.8% market share among owners of the 150 largest portfolios. China-based issuers were second largest with a 32.2% share.
Visa, Mastercard, American Express and Diners Club cards issued in the Middle East and Africa region generated $2.007 trillion in total volume in 2024, an increase of 10.9% on a local currency basis from 2023.
Committing to a purchase at the intent to buy, not when payment is applied, is one of several factors in agentic commerce that differ from the core paradigm associated with traditional ecommerce.
Card debt accounted for 7.41% of household debt in 2024, up from 7.05% in 2023.
Purchase volume on private label store credit cards of $198.42 billion in 2024 was down 1.4% from 2023. Outstanding receivables on store cards slipped 2.5% to $127.13 billion.
