Article

U.S. Commercial Cards in 2018 — Part 3

Credit, debit, and prepaid commercial and consumer general purpose global brand cards issued in the U.S. generated $6.130 trillion in purchase volume for goods and services in 2018. Commercial card purchase volume of $1.393 trillion grew 11.7% last year. Consumer card purchase volume of $4.737 trillion grew 10.1%. Commercial credit and debit cards are used by employees of private companies, government agencies, and nonprofit organizations, as well as by consumers who are provided with prepaid products for payroll, government benefits, insurance payouts, disaster relief, and more. Commercial...

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August 2019
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