The 34 largest acquirers of UnionPay, Visa, Mastercard, JCB, American Express, Diners Club/Discover as well as domestic-only brand card payments from 39.1 million merchant outlets in the Asia–Pacific region in 2020 are ranked here. Global brand and domestic-only card transactions handled by those acquirers totaled 43.03 billion last year. Those transactions combined generated $3.849 trillion […]
Cross-border business-to-business (B2B) payments coupled with foreign exchange (FX) services have been the main focus of Airwallex since its formation in 2015 in Australia. Today, the company also offers payment acquiring and card issuing services to online merchants. Payments can be delivered to recipients in 130 countries through settlement integrations to more than 50 banks. […]
Visa and Mastercard brand commercial cards issued in the U.S. generated $1.033 trillion in purchase volume in 2020, a decline of 3.4% from the prior year. As a percentage of combined consumer and commercial card purchase volume generated by all cards issued in the U.S., commercial card products equaled 17.47% of $5.915 trillion, down from […]
Small and midsized businesses in the U.S. with eligible American Express Business Cards can create their own virtual cards tied to their existing card accounts to pay for goods and services. The virtual card feature is delivered through a partnership between Amex and Extend Enterprises. Cardholders download the Extend app from the Apple or Android […]
The 45 largest merchant acquirers in the Latin America and the Caribbean (LA&C) region based on card payments processed in 2020 are ranked on page 5. This group processed a combined 25.36 billion Mastercard and Visa transactions, up 0.8% from 2019. Transactions occurred at 16.1 million active merchant outlets in the region. Mastercard and Visa […]
The 25 largest Mastercard, Visa and Discover brand prepaid card issuers in the U.S. collectively generated $259.50 billion in purchase volume in 2020, an increase of 38.6% compared to spending for goods and services by cards issued by the 25 largest in 2019. Purchase transactions reached 6.56 billion, an increase of 18.2% over 2019. Purchase […]
The 100 largest U.S. issuers of Mastercard and Visa credit cards generated $1.523 trillion in total volume and $1.492 trillion in purchase volume from January 1 through June 30, 2021. Total volume was up 20.7% from $1.262 trillion for the period January 1 through June 30, 2020. Purchase volume was up 21.9% from $1.225 trillion. […]
Purchase volume generated by private label store credit cards totaled $193.45 billion in 2020, down 5.3%. This compares to a 9.0% decline in purchase volume on American Express, Discover, Mastercard and Visa general purpose credit cards, which totaled $3.611 trillion in 2020. Outstanding receivables tied to private label store cards dipped 10.0% in 2020 to […]
The 12 largest U.S. issuers of Visa, Mastercard, American Express and Discover general purpose credit cards collectively owned $727.07 billion in outstandings receivables at June 30, 2021, a decline of $8.56 billion or 1.2% from June 30, 2020. Purchase volume on cards issued by the 12 largest collectively amounted to $1.780 trillion in spending for […]
Cardholder account processor i2c has been working with Visa for almost a year to add to its platform the card network’s recently announced buy now, pay later (BNPL) service for credit cards. Visa’s BNPL service is currently available for online merchants only in the U.S. and Canada. Global rollout will follow. Visa and i2c have […]
