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Trust Payments Accelerates Past £1bn+ Milestone in Monthly Processing Volumes Thanks to Diversified Portfolio

Fintech Finance

Trust Payments , a global leader in customer commerce solutions, has surpassed the £1bn+ milestone in monthly processing volumes for the first time in its five-year history. The company reached over £1bn+ volume in July 2024 driven by the company’s diversified technology portfolio spanning payments, commerce and data.

Volume 94
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Zelle quarterly volume reaches $44B, as average transaction size falls

Payments Source

Early Warning's Zelle P2P network processed $44 billion in payment volume over 171 million transactions during the second quarter of 2019, a growth of 56% in volume and 71% in transactions year-over-year.

Zelle 98
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India’s Digital Payments Platform Hits $1.34B In June Transaction Volumes

PYMNTS

Transaction volume of the platform soared to a record 1.34 S&P’s analysis revealed that Indian mobile payment transactions grew 163 percent to $287 billion in 2019. By 2019’s fourth quarter, card and mobile payments had risen in value to roughly 20 percent of India’s gross domestic product.

Volume 123
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Visa Transaction Volumes Take Coronavirus Hit

PYMNTS

Visa said it has been adversely affected by the limitations placed on people to avoid spreading the coronavirus , and its transaction volumes have severely decreased, according to a report by Reuters. March also saw a steep drop in cross-border spending related to the virus, as well as the transaction volume drop.

Volume 70
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Mastercard: X-Border Volume Up Mid-Teens In 2019

PYMNTS

The company said gross dollar volumes were up 12 percent to nearly $1.5 Drilling down into the gross dollar volumes, the company said United States volume was up 8 percent to $451 billion, outpaced by international growth, which was up 13 percent to $1 trillion. billion, better than the $3.8 billion that had been expected.

Volume 49
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Visa: Debit Volume Up As Consumers Spend With Funds On Hand

PYMNTS

28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. Payments volume was up 4 percent in the latest period as measured year over year, while processed transactions were up 3 percent. Management also said on the earnings call that restaurant spending is nearing levels last seen in 2019.

Volume 80
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Discover’s Payment Services Drive Network Volumes Up 9 Pct

PYMNTS

Discover Financial Services posted fourth-quarter results that topped earnings expectations on the heels of loan growth and payments volume. The company said in supplemental materials filed alongside its earnings report that payment services volume was $66 billion, up 9 percent versus the prior year.

Volume 52