Remove Contactless Payments Remove Credit Transaction Remove Visa
article thumbnail

Mastercard Gross Dollar Volume Up 14 Pct In 4Q

PYMNTS

Mastercard results released Thursday morning (Jan. 31) showed continued gains in processed transactions, tied in part to holiday spending during the quarter that ended with December. trillion, and switched transactions in the quarter stood at 20.1 billion transactions, up 17 percent as measured year over year.

Volume 49
article thumbnail

Mastercard Q4 Continues Contactless, B2B Growth ‘Marathon’

PYMNTS

Mastercard results released on Thursday (Jan. 31) morning showed continued gains in processed transactions, tied in part to holiday spending during the quarter that ended in December. trillion, and switched transactions in the quarter stood at 20.1 percent to $762 billion, while credit transactions were up 6.6

B2B 69
article thumbnail

Dream Payments Launches its EMV MPOS System in Canada

Fintech Labs Insights

Are you a small business dreaming about an off-the-shelf EMV mobile point of sale solution that accepts everything from Interac debit to chip-and-PIN cards to contactless payments? Interac debit card transactions have a processing fee of $0.25; Visa and MasterCard credit transactions have a fee of 2.75%.

EMV 25
article thumbnail

Visa Beats Street On 11 Pct Payments Volume Growth

PYMNTS

As measured in dollars, payments volume neared $2.3 trillion, with 11 percent growth year over year, and where credit was $1.2 credit transactions came in at $498 billion, and $446 billion for debit. Key among new growth opportunities is the area of contactless payments. Breaking that down a bit, U.S.

Volume 67
article thumbnail

Visa Q1 Where It Wanted To Be On Holiday, eCommerce Spend

PYMNTS

Similar to its rival Mastercard, Visa announced results for the quarter that ended in December of last year (the company’s fiscal first quarter) that — once tax impacts from recently passed legislation are factored out — topped expectations. Total processed transactions were up 12 percent to 30.5 The bottom line was $1.08

EMV 40
article thumbnail

Investors Eyeing Card Volume, B2B Gains For Visa’s Earnings Report

PYMNTS

Drilling down a bit into what lies beneath those numbers, payments volume in the latest reading stood at $2.1 Credit transactions were up 10 percent, and debit transactions were up 12 percent. Contactless payments also have been growing at double-digit rates.

Volume 46