CardTrak.com - Most Trusted Source of Credit Cards Since 1986

By Ashish Rajan, CardTrak.com

Signature debit card purchase volume in the USA is now growing at an annual pace of 19%, compared to 21% in the prior quarter. During the first quarter, consumers and businesses charged $150.2 billion to their off-line debit cards for purchases. Year-over-year, MasterCard's signature debit card purchase volume is growing at a 25% clip, compared to VISA's 18%. VISA posted $116.3 billion in first quarter signature debit card purchase volume, with $109.8 billion coming from consumer debit cards. MasterCard reported $33.9 billion in off-line PDV for 1Q/06. For complete current and historical statistics on the U.S. signature debit card market, visit CardData (www.carddata.com).