Store Cards in the US — 2024
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.
Area of Interest: Payment Card Issuing
Merchants Settle with Visa and Mastercard
Visa will pay $119.7 million and Mastercard $79.8 million to settle remaining claims in a class-action lawsuit filed on March 8, 2016, pertaining to fraud liability regulations on card payments processed from POS terminals without chip card readers.
US Mastercard/Visa Credit Card Issuers–Midyear 2025
The 100 largest US issuers of Mastercard and Visa credit cards generated $2.182 trillion in purchase volume (spending for goods and services) for the period January 1 through June 30, 2025. This was up 4.4% ($91.70 billion) over the same period in 2024 for the 100 largest issuers.
American Express Expands US Platinum Cards Benefits
Amex has developed the ability to analyze card spending, call center activity, customer satisfaction and engagement data to monitor metrics in the Amex App that encourage the pursuit and redemption of benefits and statement credits.
US General Purpose Credit Card Issuers at Midyear 2025
JPMorgan Chase, Amex, Capital One, Citi and Bank of America, the 5 largest issuers, accounted for 69.62% of the US industry total for purchase volume for the first six months of 2025. This was up 78 bps from the same period in 2024.
Europe’s Global Network Cards—2024
Credit, debit and prepaid cards issued in Europe on the Visa, Mastercard, American Express and Diners Club global brand networks generated purchase volume of $5.517 trillion in 2024. This was up 14.5% over 2023 on a local currency basis.
Top US Issuers of Visa Direct and Mastercard Send — 2024
Venmo, Square Cash, Apple Cash and Google Pay, which are consumer-to-consumer funds transfers initiated by third-party apps, accounted for 94.65% of the $216.89 billion in outflows last year.
First-Party Fraud Dispute Automation for Card Issuers
Casap offers issuers technology they can deploy to automate their back offices to fight first-party fraud, which could involve a measure of deceit on the part of a cardholder.
Car IQ and Vehicle Payments
Car IQ technology is embedded in the Visa Commercial Integrated Partners platform, which is available to all Visa commercial card issuers in the US.
Top 20 US Visa, Mastercard and Discover Prepaid Issuers — 2024
Based on purchase volume in 2024, the 20 largest Visa, Mastercard and Discover brand prepaid card issuers are ranked here. As of December 31, 2024, this group had issued 435.1 million cards, up 1.3% from cards in circulation issued by the top 20 at year-end 2023. For the complete ranking, log in and download Issue […]