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Credit Card and Debit Card Transaction Volume Statistics

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Visa dominates transaction volumes, due to their large market share of cards issued, accounting for $3.273 trillion dollars in spending in 2010. The next largest payment network is MasterCard, which processed $2.047 trillion dollars in 2010.

Transaction Volume by Network, 2006-2010
Source: NerdWallet.com; SEC filings from Visa, MasterCard, Discover, and American Express

Spending on the Visa network accounted for 52.4% of global payment volume in 2010, compared to only 32.8% for MasterCard, and 11.2% at American Express. Discover placed a distant fourth place, accounting for 1.7% of spending.

Transaction Volume Market Share, by Payment Network, 2010
Source: NerdWallet.com; SEC filings from Visa, MasterCard, Discover, and American Express

American Express users spend over $7,714 per year, per card, which far exceeds spending on any other network. As a basis of comparison, Visa users spend only $1,725 per year, per card.


Source: NerdWallet.com; SEC filings from Visa, MasterCard, Discover, and American Express

Credit vs Debit

Debit payment volume is growing at a much faster clip than credit payment volume, both domestically and abroad.

In terms of total spending, debit volumes exceeded credit card volumes in 2007, in the United States. Internationally, debit volumes are still a small percentage of overall spend.

The fastest growing market overall is international debit cards. International debit card volumes grew at a nearly 30% compounded annual rate, from 2007 to 2011.

The slowest market growth overall is occurring within US credit cards. In fact, between Visa and MasterCard, the market contracted at a 1.7% compounded annual rate, from 2007 to 2011.

USA Purchase Volumes, by Card Type and Network

2007 2008 2009 2010 2011 %CAGR
Credit card payment volumes Visa* $624 $661 $613 $599 $641 0.7%
MasterCard $645 $631 $526 $515 $543 -4.7%
Debit card payment volumes Visa* $637 $733 $787 $909 $1,037 13.0%
MasterCard $373 $423 $450 $457 $526 9.0%

Non-USA Purchase Volumes, by Card Type and Network

2007 2008 2009 2010 2011 %CAGR
Credit card payment volumes Visa* $634 $802 $811 $987 $1,188 17.0%
MasterCard $1,001 $1,167 $1,112 $1,255 $1,524 11.1%
Debit card payment volumes Visa* $93 $133 $148 $197 $265 29.9%
MasterCard $252 $316 $377 $500 $659 27.2%

Source: NerdWallet.com; SEC filings from Visa, and MasterCard

* Visa numbers reflect Fiscal Year ending June, whereas MasterCard numbers reflect Calendar Years

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