The $2 trillion in debit card transactions in the U.S. up for grabs under the influence of the networks, technology, and consumer preferences
Market forces at play are influencing debit transaction routing as well as card and transaction growth in the United States. Mercator Advisory Group's latest report, ‘2016 Annual U.S. Debit Data Review ’ looks at the data and how these influences are impacting all of the participants in the processing and settlement of a debit transaction.
“Data regarding debit cards and transaction is not as publicly available as it once was. Given the market shifts occurring, this information is as important as ever to issuers, networks, and processors, who need to react to the ways that debit card transactions are being routed. The purpose of this report is to create the foundation to track the trends of all debit card transactions through the various networks,” commented Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group and author of the report.
This report also analyzes the events and market conditions that created the trends we are seeing in debit volume and discusses what trends are likely to be most influential in the future.
This report has 24 pages and 10 exhibits.
Companies mentioned in this report include: Accel, AFFN, Bank of America, Discover, EMVCo, Jeanie, JP Morgan Chase, MasterCard, Merchant Advisory Group, NYCE, Pulse, Shazam, STAR, and Visa.
One of the exhibits included in this report:
© Mercator Advisory Group
Highlights of the report include:
- Changes in debit card ownership and usage in the U.S.
- rends in global network transactions and dollar volumes
- Trends in EFT debit network transactions and dollar volumes
- Analysis of how mobile, EMV, PIN-less debit and other forces have impacted these trends
- Discussion of how future products, services, and regulation may impact debit transactions in the future