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Card Sales Wed, Jul 5, 2006 AddThis Social Bookmark Button

By Julia Spencer, CardTrak.com

Purchase dollar volume on signature debit cards outpaced credit cards in the first quarter, rising 19% year-on-year compared to slightly more than 12% for VISA and MasterCard credit cards. Over the past five years, off-line debit card purchase volume in the U.S. during the first quarter has more than doubled rising 114% while credit card PDV has increased 46% for the same period. During the first quarter VISA and MasterCard posted $149.6 billion in debit card purchase volume versus $285.2 billion in credit card PDV, according to CardData (www.carddata.com).

Q1 PURCHASE DOLLAR VOLUME
($ billions; V/MC only)
CREDITDEBIT
2002:194.870.0
2003:209.885.4
2004:237.3104.2
2005:254.3125.7
2006:285.2149.6
Source: CardData (www.carddata.com)