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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
May 2025 | Current Issue

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Featured Article

Ramp Adds Stablecoins for Visa Corporate Cards

Last year, Ramp software facilitated over $60 billion in payments, with less than 50% tied to Visa Signature cards. Ramp’s latest service leverages an existing partnership with Stripe and will offer corporations US dollar-backed stablecoins to address their cross-border payment needs.
Featured Chart

Card Spending at Merchants—2024

The 100 largest issuers of general purpose credit, debit and prepaid cards generated $8.792 trillion in purchase volume in 2024, up 3.9%. The issuers below accounted for $7.235 trillion.

Featured Companies

Message from the Publisher

On page 11 of this issue, you’ll find 20 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
May 31, 2025

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

Card Spending at Merchants in 2024 (by purchase volume)

History of Spending at Merchants Top 100 Issuers of US Credit & Debit Cards

Purchase Volume at Merchants 2024

Market Capitalization for more than 100 Publicly Traded Companies in Payments

FEATURED STATISTICS

Spending on credit, debit and prepaid cards available through the 100 largest US issues in the US reached $8.792 trillion in 2024. The five largest issuers based on combined credit, debit and prepaid card spending are listed here.

JPMorgan Chase….. $1.829 trillion
American Express….$1.168 trillion
Bank of America…….$968 billion
Wells Fargo…………….$682 billion
Capital One…………….$678 billion

Full access to Card Spending at Merchants in 2024 is available when you subscribe or log in to the Nilson Report.

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