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U.S. Card Network Results First Quarter 2022

Consumer, business and commercial credit, debit and prepaid cards issued in the U.S. carrying American Express, Discover, Mastercard and Visa brands, combined with payments settled through Visa Direct and Mastercard Send, reached $2.188 trillion in the first quarter of 2022, an increase of 17.8% from the same period in 2021. Credit card purchase volume for all four brands combined was $1.217 trillion, up 29.0%. Credit card cash volume including balance transfers, ATM transactions, bank branch transactions and paper checks also grew 29.0% to reach $23.56 billion. Mastercard credit card pu...

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May 2022
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