Mentioned Companies:

Discover Financial Results

Credit and prepaid cards carrying the Discover brand generated $121.47 billion in purchase volume at merchants in 2016, up 2.5% over the prior year. Cash advances (including balance transfers) of $10.91 billion increased by 16.1% versus 2015. Purchase volume and cash volume combined reached $132.37 billion, up 3.5%. Cash volume accounted for 8.24% of total volume in 2016 compared to 7.35% in 2015. Outstanding credit card receivables grew from $57.94 billion to $61.56 billion, an increase of 6.3%. Net principal credit card charge-offs of $1.34 billion were up 10.1%. The net principal char...

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January 2017
Headlines in this Issue
Charts in this Issue

Purchase Volume Worldwide 2015 vs. 2025

Market Shares of Purchase Volume Worldwide

Discover Card U.S. 2016

American Express U.S. 2016

Acquisitions: Mobile Payments and Mobile Money Transfers – 2016

Investments: Mobile Payments and Mobile Money Transfers – 2016