Top Acquirers of Card Payments at US MerchantsThe Nilson Report Annual Ranking Shows a New Leader
Merchant Processing Fees in the United States Exceeded $187 Billion in 2024SANTA BARBARA, Calif., March 19, 2025 (GLOBE NEWSWIRE) -- Credit, debit and prepaid cards issued in the US were used to pay for $11.903 trillion in goods and services in 2024, a new record. Also a record was the $187.20 billion in processing fees US merchants paid to accept card payments, according to the Nilson Report, the leading publication for executives in the global payment card industry.
JP Morgan Tops Nilson Report Ranking of US Credit Card IssuersThe 10 largest issuers generated $5.064 trillion in card spending in 2024
Transactions by Payment Cards to Top 1.1 Trillion Annually by 2029The Nilson Report Releases Projections for Visa, Mastercard, UnionPay, American Express, JCB, Discover and Diners Club Transactions
Payment Card Fraud Losses Approach $34 BillionThe Nilson Report Releases Annual Fraud Statistics Issue
Largest US Debit Card IssuersSANTA BARBARA, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Spending for goods and services initiated by debit and prepaid cards from the 50 largest US issuers reached $2.888 trillion in 2023 according to the Nilson Report. This marked a 3.3% increase over 2022.
Payment Card Volume Topped $40 Trillion Worldwide in 2022SANTA BARBARA, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- New data from the Nilson Report shows that purchases of goods and services tied to credit, debit and prepaid cards combined with credit card cash advances and debit card withdrawals reached $40.645 trillion in 2022. This was a 4.4% increase over 2021. For the first time in the history of the global payment card industry total volume exceeded $40 trillion.
US Merchant Processing Fees Top $160 BillionSANTA BARBARA, Calif., March 21, 2023 (GLOBE NEWSWIRE) -- In 2022, US merchants paid a record $160.70 billion in processing fees to accept $10.589 trillion in payments from credit, debit and prepaid cards, according to the Nilson Report.
Nilson Report Ranks JPMorgan Chase as Largest US Credit Card IssuerSANTA BARBARA, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- For the fourth consecutive year, the Nilson Report has identified JPMorgan Chase as the largest issuer of credit cards in the United States. Chase led the industry in purchase volume (spending for goods and services) as well as outstanding receivables (unpaid balances).
Payment Card Fraud Losses Reach $32.34 BillionThe Nilson Report Releases Annual Issue on Fraud Statistics
