Article

Mentioned Companies:

First Quarter Card Results in the U.S.

Visa, Mastercard, Discover, and American Express consumer and commercial credit, debit, and prepaid cards issued in the U.S. generated $1.427 trillion in purchase volume for goods and services in the first quarter of 2018, up 10.3% over the same period in 2017. Purchase volume on credit cards of $843.48 billion increased 9.9%. Visa purchase volume was up 10.5%, American Express grew 10.3%, Mastercard was up 8.8%, and Discover grew by 5.9%. Cash volume on credit cards of $28.74 billion from balance transfers, ATMs, over the counter, and paper checks grew by 5.5%. Cash amounted to 3.30% of to...

Want to read more?

Please log into your subscriber account.
OR

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report

Newsletter

May 2018
Headlines in this Issue
Charts in this Issue

Europe’s Top 10 Acquirers Ranked by Total Transactions in 2017

Biggest M&A Deals in 2018

U.S. Credit Card Debt 1987–2017

U.S. General Purpose Cards 1Q 2018 vs. 1Q 2017

Europe’s Top 20 Merchant Acquirers—Ranked by Purchase Volume and Total Transactions

Europe’s Top 45 Merchant Acquirers—Ranked by Visa/Mastercard Transactions

Europe’s Top Acquirers of Web Transactions