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The Current Issue

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

Newsletter
March 2025 | Current Issue

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Featured Article

Virtual Cards for Accounts Payable B2B Transactions

More than 630,000 virtual cards are issued every week using Conferma’s technology. The company’s platform promises visibility into all details related to a buyer’s expense and the near-real-time reconciliation of payments they make.
Featured Chart

Canada Networks and Issuers 2024

Visa, Mastercard and American Express purchase transactions from 26 issuers reached 9.22 billion in 2024, led by the 8 largest issuers show here. They accounted for 90.8% of the total.

Featured Companies

Message from the Publisher

We celebrate two colleagues who have contributed significantly to the Nilson Report and who have recently retired. Lisa Cervantes, our long-time art director and senior editor, led us through many iterations of our publication with a faultless instinct for color and style. Elaine Hill, a sales representative for more than 25 years, can be thanked for bringing so many long-term subscribers to our publication. We thank them for spending much of their working careers with the Nilson Report. We will miss their excellent company and wish them the best in their retirement.

David Robertson, Publisher
March 17, 2025

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

Top 8 Canada Networks and Issuers—Ranked by Visa Mastercard Purchase Transactions

Canada’s Spending, Transactions and Card by Brand in 2024

Credit Card Issuers in Canada—Ranked by Outsandings at Year-End 2024

Purchase Volume at Merchants vs. Fees Paid by Merchants—2014 thru 2024

Fees Paid by Merchants in 2024

Investments & Acquisitions—February 2024

FEATURED STATISTICS

Fees Paid by Merchants in 2024

Merchants in the US paid $187.20 billion in fees to accept $11.902 trillion in card payments for goods and services they sold in 2024. The card products that generated the most fees are shown here.

Visa/Mastercard Credit
$111.16 billion

Visa/Mastercard Debit
$33.39 billion

American Express
$28.42 billion

Full access to the Fees Paid by Merchants in 2024 results is available when you subscribe to the Nilson Report.

 

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