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Card Networks, Top Issuers and Merchants Settle Litigation from 2005

Surcharges on credit cards, the honor all cards rule, a lowering of credit card interchange that includes a five-year cap and a merchant education program explaining these modifications to existing Visa and Mastercard network rules, regulations and practices are included in the November 10, 2025, announcement of an updated proposed final settlement agreement of litigation between US merchants (plaintiffs) and defendants Visa, Mastercard, Bank of America, Barclays Bank Delaware, Capital One, Citibank, JPMorgan Chase and Wells Fargo. The new agreement “…. shall not be deemed or construed ...

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Newsletter

November 2025

Articles in this Issue

Charts, Tables and Graphs in this Issue

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US Credit, Debit and Prepaid Cards Projected through 2029

US Credit/Debit Purchase Volume Projected in Trillions with Percentage Change—2019 vs 2029

US Outstandings Projected in Billions with Percentage Change 2019 vs 2029

US Cards Projected — 2029

US Purchase Transactions Projected — 2029

US Purchase Volume Projected — 2029

US Total Transactions Projected — 2029

US Total Volume Projected — 2029

Market Shares of Purchase Volume for Asia Pacific Card Issuers in 2024

Top General Purpose Card Issuers in Asia–Pacific — 2024

Top Credit Card Issuers in Asia–Pacific — 2024

Top Debit Card Issuers in Asia–Pacific — 2024

POS Terminals Shipped — 2024

POS Manufacturers’ Market Shares and Shipments — 2024

Manufacturers of POS Terminals — 2024 Shipments by Region

Investments & Acquisitions in the Payment Card Industry — October 2025