Proprietary Report with Analysis on Global Payment Purchase Dollar Volume (PDV).
Purchase dollar volume (PDV) for Visa, Mastercard, American Express and Discover cards (credit + debit) globally rose 21.2% year-on-year (YOY) on a nominal dollars basis for the first quarter (1Q/17). However, on a currency adjusted basis (FX), global 1Q/17 PDV increased 20.4% YOY.
The first quarter PDV figures are skewed as Visa began including Europe PDV beginning in the third quarter. Visa reported PDV for Europe of $335 billion in 1Q/17.
Discounting Visa Europe PDV the YOY gain for the Major 4 networks was 7.0% on a nominal dollar basis.
The major four networks posted . . . .
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