Visa's total payment volume for their credit cards had grown by 6.9 percent in the third quarter of 2023 compared to the same quarter one year before. This year-on-year growth rate was the first recorded increase since early 2021. Whilst the overall transaction value of Visa's credit cards remained around 1.5 trillion U.S. dollars per quarter - and even increased between quarters - the aftermath coronavirus pandemic in 2020 and growing competition from alternative payments such as buy now, pay later (BNPL) led to an increasing decline in growth. The figures shown here are different from estimates on global general purpose cards as this ranking only shows credit card numbers.
Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024
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Statista. (October 29, 2024). Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024 [Graph]. In Statista. Retrieved January 22, 2025, from https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed
Statista. "Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024." Chart. October 29, 2024. Statista. Accessed January 22, 2025. https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed
Statista. (2024). Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024. Statista. Statista Inc.. Accessed: January 22, 2025. https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed
Statista. "Value of Payments Processed (Tpv - Total Payment Volume) of Visa Issued Credit Cards Worldwide from 1st Quarter 2008 to 3rd Quarter 2024." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed
Statista, Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024 Statista, https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed (last visited January 22, 2025)
Value of payments processed (TPV - Total Payment Volume) of Visa issued credit cards worldwide from 1st quarter 2008 to 3rd quarter 2024 [Graph], Statista, October 29, 2024. [Online]. Available: https://www.statista.com/statistics/1394858/visa-credit-card-transaction-value/?__sso_cookie_checker=failed
