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June 2026 | Current Issue

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Featured Article

American Express and Delta SkyMiles Co-Branded Cards

American Express and Delta Air Lines have been co-branded credit card partners for 30 years. There are seven million Delta American Express consumer and business co-branded cardholders—about one-third of all members in Delta’s SkyMiles loyalty program. Last year, co-branded American Express cards generated $8.20 billion in revenue for Delta, an amount that exceeded its operating income tied to flights.
Featured Chart

The 45 Largest Merchant Acquirers in Europe — 2025

Featured Companies

Message from the Publisher

Since our founding more than 55 years ago, the Nilson Report has been published for the benefit of senior executives and leaders in the payment
card industry. But mid-career employees also benefit from our award-winning reporting and statistics. That’s why the largest and most successful payment firms now provide access to the Nilson Report to every one of their staff members worldwide. There is no better way to invest in your company’s future than with best-in-class business intelligence. Consider whether your employees should be as well informed as those of your competitors; then email Lori Fulmer to start a conversation regarding obtaining your own corporate-wide subscription. You can reach her at lfulmer@nilsonreport.com.

David Robertson, Publisher
June 16, 2026

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

The 45 Largest Merchant Acquirers in Europe — 2025

Top Acquirers of European Domestic Credit and Debit Card Transactions — 2025

Top Merchant Acquirers in Europe — 2025 (Ranked by Visa and Mastercard Transactions)

Top European Acquirers Online — 2025

US Debit Card Issuers Ranked 51st through 100th Largest — 2025

Third 50 Largest US Credit Card Issuers — 2025 (Ranked by Outstandings at Year-End)

Investments & Acquisitions in the Payment Card Industry — May 2026

 

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