Mentioned Companies:

American Express to Open Network Business in China

Earlier this month, Express Company, a joint venture between American Express and LianLian DigiTech Company, received an operating license from regulators in China to clear card transactions in mainland China denominated in renminbi. Express Company received approval from the People’s Bank of China in November 2019 after spending most of last year building the needed infrastructure. American Express hasn’t been given approval to issue cards or acquire transactions. Later this year, Express Company is expected to announce partnerships with banks, payment service providers, and digital wa...

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June 2020
Headlines in this Issue
Charts in this Issue

Global Network Cards in 2019—Purchase Transactions

Global Network Cards 2019—Purchase Volume by Product

Global Debit and Prepaid Cards 2019

Global Credit Cards 2019

Global Network Cards in Circulation—with Market Shares

Global Network Cards 2019 vs. 2018

Market Share of Purchase Transactions on Global Network Cards

Largest Merchant Acquirers in Middle East and Africa—Ranked by General Purpose Transactions

Merchant Acquirers in Middle East and Africa—Ranked by Visa and Mastercard Transactions