Consumer and commercial credit, debit and prepaid general purpose and private label cards generated $10.967 trillion in purchase volume for goods and services in 2022, up 12.2% from 2021. Purchase volume is projected to total $15.035 trillion in 2027.
The eight acquirers listed below processed 225.87 billion transactions in 2022. This represented 48.4% of transactions generated by the top 150 worldwide.
The eight largest US issuers of Visa, Mastercard, American Express and Discover credit cards generated $2.249 trillion in purchase volume for the first six months of 2023, up 8.4% versus the first six months of 2022.
American Express, Discover, Mastercard and Visa credit, debit and prepaid cards generated 73.00 billion purchase transactions from January 1 through June 30, 2023, up 8.0%.
Credit, debit and prepaid card purchase transactions initiated by Mastercard, Visa, American Express and Diners Club cards issued in Europe declined 8.9% to 117.32 billion in 2022.
The six brands of global cards issued in the Asia-Pacific region—UnionPay, Visa, Mastercard, JCB, American Express and Diners Club—generated 285.28 billion transactions in 2022, an increase of 8.5% versus 2021.
The 8 largest issuers ranked by global brand and domestic-market-only credit and debit cards accounted for $1.855 trillion in purchase volume last year, an increase of 5.6% over 2021.
Consumer, small business and commercial credit, debit and prepaid general purpose card products issued in the United States generated $10.263 trillion in purchase volume at merchants in 2022, an increase of 12.2% over 2021.
The 93 commercial card issuers shown in this issue generated $1.234 trillion in purchase volume in 2022, up 13.0% from $1.093 trillion in 2021.