USAA Moves Credit/Debit Cards to Visa

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USAA Moves Credit/Debit Cards to Visa

USAA, MasterCard’s top debit card issuer and fourth largest credit card issuer in the U.S., will convert both portfolios to the Visa brand. Last year, USAA MasterCard cards generated $43.00 billion in debit purchase volume at merchants and $34.13 billion in credit card purchase volume. The conversion is expected to be completed by the fourth quarter of 2016. USAA will continue to issue American Express cards. USAA is the eighth largest issuer of MasterCard/Visa credit cards in the U.S. based on outstandings. It issues those cards from a savings bank in Nevada. Customers are current and...

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Nilson Report

1074

October 2015

Headlines in this Issue

Charts in this Issue

Payment Cards in the U.S. – Purchase Volume and Market Shares

Market Capitalization of Publicly Traded Processors

U.S. Payment Cards Projected – Purchase Volume

U.S. Payment Cards Projected – Purchase Transactions

U.S. Credit Card Purchase Volume – Market Shares 2009 – 2019

U.S. Credit Cards Projected – Outstandings 2014 – 2019

U.S. Debit Cards Purchase Volume – Market Shares 2009 – 2019

U.S. Payment Cards Projected – Cardholders

U.S. Payment Cards Projected – Cards

U.S. Payment Cards Projected – Accounts

U.S. Payment Cards Projected – Total Volume

U.S. Payment Cards Projected – Total Transactions

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