Issue 1224 | Jul 2022
Global Network Cards–Purchase Transactions with Market Shares
Market Shares of Purchase Transactions on Global Network Cards
Global Debit & Prepaid Cards
Debit vs. Credit Market Shares of Purchase Transactions
Global Credit Cards
Global Network Cards in Circulation with Market Shares
Global Network Cards
Purchase Volume by Product on Global Network Cards
Top 25 US Issuers of Prepaid Cards
Publicly Traded Companies in Payments
Global Network Cards
The table on page 7 presents statistics for UnionPay, Visa, Mastercard, American Express, JCB and Diners Club/Discover cards worldwide. Purchase volume for the three largest brands is shown here.
UnionPay totals
$17.312 tril. purchase volume
Visa totals
$10.892 tril. purchase volume
Mastercard totals
$5.975 tril. purchase volume
Full access to the Global Network Cards results is available when you subscribe to the Nilson Report.
POSTED JUL 31, 2022 | PRINT
Paystand Adds DeFi Card to Blockchain-Based AR

Business-to-business (B2B) payment specialist Paystand has added dynamic discount pricing as an option for monthly subscribers connected to its blockchain-enabled network. Accounts receivable (AR) teams at Paystand seller customers can use an early pay option as an incentive to accelerate payments received from accounts payable (AP) teams at buyers. Paystand says that more than 400,000 AP teams are on its blockchain network, which functions using Ethereum smart contracts.
The dynamic discount application is the first of its kind in a B2B blockchain. Discounts for early payment are automatically executed within the smart contract. Funds are transferred over the blockchain without any transaction fees. This compares with traditional early-pay options in which buyer and seller typically split discounts provided by a B2B network provider.
Paystand has handled more than $5.00 billion in payments since its inception from a combination of ACH, credit card, check (via lockbox) and its recently launched virtual DeFi Corporate Card transactions. The card is a hybrid closed-loop/open-network product. Transactions take place on Paystand’s blockchain and on the Visa network when necessary.
Payers earn Bitcoin as loyalty points when they use the DeFi Corporate Card, which is issued by Evolve B&T. The Bitcoin is held by Paystand. Users can redeem their Bitcoin rewards for cash back.
Account processing for the DeFi Corporate Card is provided by i2c. Solid Payments provides gateway services to Paystand.
INTERVIEWED FOR THIS ARTICLE
Allison Steitz is Growth Product Manager at Paystand in Santa Cruz, California, asteitz@paystand.com, www.paystand.com.
Prior issues: 1201, 1168, 1141, 1082, 1053
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