Nilson Report

Issue 1192 | Feb 2021

FEATURED COMPANIES

Companies featured in this issue include:

Top Issuers of General Purpose Credit Cards in the U.S.–Purchase Volume

Market Shares of Outstandings for Top U.S. Issuers in 2020

Top U.S. Credit Card Issuers in the U.S.

Top 50 Visa and Mastercard Credit Card Issuers in the U.S.

Top 50 Visa and Mastercard Credit Card Issuers in the U.S.

The 50 largest issuers of Visa and Mastercard credit cards in the U.S. are ranked by outstanding receivables as of December 31, 2020. The total for that group was $634.19 billion, down 14.3%. The 5 largest are listed here.

1. JPMorgan Chase, Delaware
$144.22 billion outstandings, -14.6%
2. Citi, South Dakota
$100.82 billion outstandings, -12.9%
3. Capital One, Virginia
$87.93 billion outstandings, -17.9%
4. Bank of America, Delaware
$87.24 billion outstandings, -18.9%
5. U.S. Bank, Ohio
$37.20 billion outstandings, -10.2%

Full access to the Top 50 Visa & Mastercard Credit Card Issuers results in the U.S. is available when you subscribe to the Nilson Report.

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POSTED FEB 28, 2021 | PRINT

Stripe-Owned Paystack Processes Online Card Payments in Africa

More than 60,000 online merchants, most based in Nigeria, use Paystack to process card payments. The company launched in 2016. A year later, it received $8 million in a Series A funding round led by Stripe, which also included Visa and Tencent. Last year, Stripe acquired Paystack for more than $200 million.

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