Mentioned Companies:

Visa Direct for Used Cars

Carment, a payment platform from Palo Alto, California-based startup Whillet, uses Visa Direct to make payments from automotive dealerships to sellers of used cars. Transactions clear in minutes, which compares to days when dealers pay with a check. The service benefits sellers who wish to use those instant payouts to fund another vehicle purchase. In the US, around 35 million used cars are purchased by dealers annually. Of those purchases, Carment estimates 2 million would benefit from an instant payout. Visa Direct allows Carment to handle payouts of between $20,000 and $50,000. For...

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December 2023
Headlines in this Issue
Charts in this Issue

Top Debit Card Issuers Worldwide

Debit Card Issuers by Region

150 Largest Debit Card Issuers Worldwide

Market Shares of Purchase Volume on Domestic Credit and Debit Cards Worldwide

Top 50 General Purpose Card Issuers in Asia-Pacific

Top 50 Credit Card Issuers in Asia-Pacific

Top 50 Debit Card Issuers in Asia-Pacific

Personal Consumption Expenditures in the US—2022

Consumer Payment Systems in 2022 with Projections for 2027