how big is the bankcard industry?
  • 6.1 Million businesses in the United States accept credit cards for payment.
  • Over $2.4 Trillion U.S. credit and debit card payments volume for Visa and MasterCard during 2009 fiscal year.
  • During 4th Quarter of 2009, per capita credit and debit card spending increased 6.80% and 3.00% respectively.
  • As of 2nd Quarter 2010, more than 10 companies with core competency in the bankcard industry were listed on S&P 500 (S&P listed companies have a market cap of at least $3 billion).