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Digital Currency Update

Visa will partner with ConsenSys, a blockchain technology company, to connect central bank digital currency (CBDC) networks into existing payment rails. Visa’s CBDC Payments Module is designed to allow financial institutions to issue digital wallets or CBDC-linked cards to consumers. The pilot testing phase of development begins this year. Binance, a crypto trading platform, announced that it will acquire Swipe, a cryptocurrency card issuing platform, after acquiring a majority stake in the company in 2020. Auto manufacturer Tesla will allow payments for some merchandise using the Dogecoi...

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January 2022
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Charts in this Issue

Credit Cards in the U.S.—Outstandings and Purchase Volume 1991-2026

Market Shares of U.S. Credit Card Outstandings in 2021

Investments in Merchant Acquiring/Processing by Region

Top M&A Transactions in 2021

American Express Cards 2021 vs. 2020

Discover Card 2021 vs. 2020

Income at Top U.S. Credit Card Issuers in 2021

Publicly Traded Companies in Payments