Issue 1236

Award-winning business intelligence, payment card statistics, industry news, and dozens of executive contacts in every issue. Subscribers receive 22 issues a year.

Newsletter

OpenWay SaaS Platform for CaaS Providers

Operating from the cloud allows OpenWay and its customers to use Way4 to offer a dedicated SaaS, including those wanting to offer their clients a Cards-as-a-Service platform.

Featured Chart

Top Issuers of General Purpose Credit Cards in the US

The seven largest issuers generated $4.149 trillion in purchase volume in 2022, up 19.1%. They accounted for 76.1% of the US industry’s $5.452 trillion total.

Featured Companies

The following companies are featured in this issue of the Nilson Report. News about companies appears in feature articles, as well as in the First Look and Management Changes sections of the newsletter. To submit general information about your company, or to share news with us, please contact us.

Message from the Publisher

On page 13 of this issue, you’ll find 22 entries in our Management Changes section, each with the name of an executive and an updated email address. Helping you keep in touch with colleagues and make new contacts from across the industry is just one way we can help your business grow.

David Robertson, Publisher
February 28, 2023

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

Top Issuers of General Purpose Credit Cards in the US 2022 vs 2021

Market Shares of Outstandings for Top Issuers in 2022 with Change vs 2021 in Basis Points

The 20 Largest US Credit Card Issuers in 2022—Ranked by Outstandings, Purchase Volume, Purchase Transactions and Cards

Largest Visa and Mastercard Credit Card Purchase Transactions in 2022

Top 50 Visa and Mastercard Credit Card Issuers in the US—Ranked by Outstandings in 2022

Publicly Traded Companies in Payments

FEATURED STATISTICS

Top 50 Visa and Mastercard Credit Card Issuers in the US

Among the 50 largest US issuers of Visa and Mastercard credit cards, 29 issuers had growth in purchase volume that exceeded the US industry average of 19.3% year-over-year growth. The top five issuers based on YOY growth in purchase volume are listed below.

Upgrade Card, New Jersey
Up 107.3%
Avant, Utah
Up 95.8%
Mission Lane, Utah
Up 73.8%
Goldman Sachs, Utah
Up 70.3%
Mercury Financial, Texas
Up 68.8%

Full access to the Top 50 Visa and Mastercard Credit Card Issuers in the US is available when you subscribe to the Nilson Report.

Test 1
This is a sub.

Test 2
More

Free Sample Issue

Act Now – Receive a free issue of the Nilson Report