NR_CurrentIssue_Banner_2500

Issue 1291

Award-winning business intelligence, payment card statistics, industry news, and dozens of executive contacts in every issue. Subscribers receive 22 issues a year.
Newsletter
August 2025
Featured Article

Rapyd’s Fintech as a Service

Rapyd’s purchase of PayU’s merchant business in Africa was the company’s fourth acquisition of a nonbank acquirer.
Featured Chart

Results for US Card Networks at Midyear 2025

American Express, Discover, Mastercard and Visa credit, debit and prepaid cards generated $5.579 trillion in purchase volume from January 1 through June 30, 2025, up 6.2%.

Featured Companies

Message from the Publisher

On page 14 of this issue, we include details of our new subscriber referral program and an incentive offer for Apple’s top-of-the-line earbuds. Additionally, if you identify a colleague who chooses to become a subscriber to the Nilson Report after receiving a free trial subscription, we will thank you by adding two months to your existing subscription.

David Robertson, Publisher
August 27, 2025

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

Results for US Card Networks at Midyear 2025

US General Purpose Cards at Midyear 2025

US Card Networks at Midyear

Largest US Issuers of Prepaid Cards

Investments & Acquisitions

Publicly Traded Companies in Payments

 

FEATURED STATISTICS

The 20 largest prepaid card issuers in the United States are ranked on page 8 of this issue. The five largest based on purchase volume in 2024 are shown here:

The Bancorp Bank ……………… $67.02 billion
Pathward ……………………..…… $28.26 billion
Comerica Bank ………………..… $24.76 billion
Green Dot Bank ……………….… $20.32 billion
Fifth Third Bank……………….… $11.39 billion

Full access to Top 20 US Visa, Mastercard and Discover Prepaid Issuers — 2024 is available when you subscribe or log in to the Nilson Report.

Our Free Trial Offer Just Got an Upgrade
Start Two Months of Full Access to the Nilson Report

Free trial access now includes all subscriber benefits, including complete data tables on issuers and acquirers worldwide and our exclusive subscriber portal.
No Restrictions. No payment card required.

See why executives in 80+ countries rely on the Nilson Report for best-in-class data and business intelligence.