PURCHASE, N.Y. – MasterCard saw its transaction volume in the U.S. grow by 5.8% in 2003 as the numbers of MasterCard branded cards in the U.S. grew by 1.9% to almost 272.6 million card, MasterCard reported. MasterCard cardholders used their cards in 7.4 billion transactions which generated $636.8 billion in volume, the Association added. "An increase in purchase volume of nearly 10% in the U.S. indicates continued solid MasterCard momentum, especially considering that the U.S. economy last year was unpredictable at best," said Ruth Ann Marshall, president of the Americas, MasterCard International.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
