Article

Mentioned Companies:

U.S. Commercial Cards—Part 3

Consumer and commercial credit, debit, and prepaid global general purpose cards from U.S. issuers generated $5.550 trillion in purchase volume for goods and services in 2017. Purchase volume on commercial cards increased 8.8% last year. Consumer card purchase volume was up 7.7%. Employees of private companies, government agencies, and nonprofit organizations using credit and debit cards, as well as consumers using various prepaid products (payroll, government benefits, insurance payouts, disaster relief, and more) generated $1.242 trillion in commercial card purchase volume. This was 22.37%...

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August 2018
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