Nilson Report

Issue 1187 | Dec 2020

FEATURED COMPANIES

Companies featured in this issue include:

Card Fraud Worldwide—in Cents per $100 of Total Volume

Fraud by Type of Card in 2019

Card Fraud Projected Worldwide 

Card Fraud Inside vs. Outside the U.S.

Global General Purpose Cards—Midyear 2020 vs. Midyear2019

Largest Debit Card Issuers Worldwide

Payment Card Manufacturers 2019

Top Manufacturer of Payment Cards—Ranked by Shipments in 2019

Top Manufacturer of Payment Cards—Visa and Mastercard

Top Manufacturer of Payment Cards—UnionPay

Top Manufacturer of Payment Cards—Other Payment

Top Manufacturer of Payment Cards—Other High Security

Global General Purpose Cards—Midyear 2020 vs. Midyear 2019

Global brand credit and debit cards—Visa, UnionPay, Mastercard, American Express, JCB and Discover/Diners—purchase volume and transactions are shown on page 8. Figures for debit cards are shown below.

1. UnionPay Debit & Prepaid
$3.528 trillion purchase volume, +0.4%
2. Visa Debit & Prepaid
$2.022 trillion purchase volume, +6.0%
3. Mastercard Debit & Prepaid
$0.899 trillion purchase volume, +11.2%

Full access to the Global General Purpose Cards—Midyear 2020 vs. Midyear 2019 results is available when you subscribe to the Nilson Report.

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POSTED DEC 1, 2020 | PRINT

PNC to Acquire BBVA Payment Card Assets

PNC Bank’s acquisition of BBVA USA Bancshares for $11.60 billion in cash, which is expected to be completed in mid-2021, will create the 5th largest bank holding company in the U.S.

PNC Bank ranked 11th largest in the U.S. among issuers of Visa and Mastercard credit cards at midyear 2020 based on outstanding receivables with $8.10 billion. BBVA was 29th largest with $1.04 billion. When combined, the new PNC will continue to rank 11th. It will have over 7.3 million credit cards in circulation. More than 95% are Visa cards. 

PNC uses Fiserv (First Data) to process consumer card accounts and BBVA uses Global Payments (Tsys). BBVA’s Finanzia USA subsidiary uses Fiserv for its credit cards. Global Payments handles commercial card processing for PNC and BBVA.

Among debit card issuers in the U.S., PNC ranked 4th largest and BBVA 24th based on purchase volume (spending for goods and services). Combined, the purchase volume generated by cards issued by the banks exceeded $93.60 billion in 2019. The expanded PNC will have 12.3 million debit cards in circulation, nearly all with the Visa brand. PNC has small Mastercard commercial and consumer prepaid card portfolios. 

In merchant acquiring, PNC ranked 8th largest in the U.S. based on purchase volume for all card types. However, Fiserv owns 40% of that business. BBVA ranked 26th largest. Fiserv owns that portfolio and provides all services to the merchants. The combined PNC/BBVA merchant business accounted for over $85 billion in card spending in 2019.

Prior issues: 1171, 1170



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