Payment Card Issuance Statistics

Steve Goldstein
Steve Goldstein
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Payment Card Issuance Statistics 2023: Facts about Payment Card Issuance outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Payment Card Issuance, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Payment Card Issuance Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Payment Card Issuance Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 28 Payment Card Issuance Statistics on this page 🙂

Payment Card Issuance “Latest” Statistics

  • According to European Central Bank, 73% of this value comes from CNP payments, 19% from transactions at point-of-sale (POS) terminals, and 8% from transactions at automated teller machines (ATMs).[1]
  • Approximately 67% of small firms have a business credit card, yet just 24% claim to use it as their principal means of payment.[1]
  • Global payments fraud quadrupled between 2011 and 2020, going from $9.84 billion to $32.39 billion, according to Merchant Savvy.[1]
  • As of 2018, the US is the country with the most recorded losses from credit card fraud, at 38.6%.[1]
  • By the conclusion of Q1 2017, card payments accounted for 78.4% of all retail purchases in the UK.[1]
  • According to UK Finance, counterfeit card fraud cost £16.3 million in 2018, a decrease of 33% from 2017 and 90% below its peak in 2008.[1]
  • Fraud involving lost and stolen property is very prevalent in Denmark. High credit limits may have contributed to 52.7% of total losses.[1]
  • Ecommerce fraud continues to account for 50% of all UK card fraud losses, which reach $310.2 million.[1]
  • According to Experian, 73% of Americans are extremely or somewhat worried that someone may hack into their bank accounts, emails, or social media profiles.[1]
  • In 2018, total fraud losses on UK-issued cards amounted to £671.4 million, up 19% from 2017.[1]
  • Even though just 56% of all payments in Q2 2018 were contactless, contactless card fraud accounted for 65% of all fraudulent card payments.[1]
  • Only 29% of small company owners in America really utilize credit card incentives to cover a business expenditure.[1]
  • Cross border payments conducted via SEPA account for 43% of all fraud, followed by domestic payments at 35% and payments made outside of SEPA at 22%.[1]
  • In 2018, remote purchase fraud increased to £506.4 million, up 25% from 2017, with an estimated £265.1 million of those transactions occurring online against UK merchants, up 29%.[1]
  • Lost and stolen fraud accounts for 16.3% of all compromises, whereas CNP fraud, which is based on the theft of card information, accounts for 72.3%.[1]
  • The losses primarily came from misuse of card information on the internet (70.7%) and card data stolen in Norway and used on counterfeit cards in/outside Norway (12.3%).[1]
  • The seven largest issuers generated $4.149 trillion in purchase volume in 2022, up to 19.1%.[2]
  • According to Nilson Report, consumer and commercial credit, debit and prepaid cards issued in the US carrying the American Express, Discover, Mastercard and Visa brands generated $9.563 trillion in purchase volume in 2022, an increase of 13.0% over 2021.[2]
  • Credit, debit and prepaid general purpose and private label payment cards in circulation worldwide are projected to reach 28.44 billion by December 31, 2027.[2]
  • UnionPay, Visa, Mastercard, American Express, JCB and Discover/Diners Club are projected to generate 891.20 billion transactions in 2027, an increase of 42.3% over 2022.[2]
  • In 2022, consumer credit increased 7.8%, with revolving and nonrevolving credit increasing 14.8% and 5.6%, respectively.[3]
  • According to the quarterly data, there were 19.16 million credit cards in use worldwide as of the end of Q1 2022.[4]
  • The total number of credit card transactions was 220.15 million for Q1/2022, representing a 5.4% decrease from the previous quarter and a 0.04% decrease from the same period in 2021.[4]
  • When compared to the same period in 2021, the total number increased by 10.7% and the total value dropped by 3.9% in Q1 2022.[4]
  • Of the taxpayers who participated in the 2021 Comprehensive Taxpayer Attitude Survey (CTAS), 88% said it is not at all acceptable to cheat on their income taxes, and nearly all (93%) believe it is a civic duty to pay their fair share of taxes.[5]
  • Just 2.25% of Americans’ total outstanding credit card balances are currently at least 30 days delinquent.[6]
  • According to the most recent delinquency data from the Fed, the 30-day delinquency rate (or the percentage of total outstanding credit card balances that are currently at least 30 days overdue) rose from 2.09% to 2.25% in the fourth quarter of 2022.[6]
  • According to Lending Tree, 60% of active accounts carried a balance in the first quarter of 2019 before falling throughout 2020 to as low as 51% in the second quarter of 2021.[6]

Also Read

How Useful is Payment Card Issuance

One of the most apparent advantages of payment card issuance is convenience. Whether it’s swiping a card at a retail store, using contactless payments on a smartphone, or shopping online, payment cards make transactions quick and easy. This convenience factor has become especially important in our fast-paced society, where time is of the essence, and people are constantly on the go. Gone are the days of carrying large amounts of cash or writing out checks – payment cards have taken over as the preferred method of payment for many.

Beyond convenience, payment card issuance also offers a level of security that is unmatched by traditional payment methods. With features such as chip technology, tokenization, and two-factor authentication, payment cards provide an added layer of protection against fraud and unauthorized transactions. This security is not only beneficial for consumers but also for businesses that want to safeguard their financial transactions and customer data. In an age where cyberattacks and data breaches are all too common, the security measures afforded by payment cards are crucial in maintaining trust and confidence in the financial system.

Moreover, payment card issuance promotes financial inclusion by providing individuals with access to the formal financial system. For those who may not have a bank account or access to traditional banking services, having a payment card can serve as a gateway to various financial services, such as online banking, bill payments, and money transfers. This access to the financial system can empower individuals to manage their finances more effectively, build credit, and achieve greater financial stability.

In addition to individual benefits, payment card issuance also has significant implications for businesses. By accepting payment cards, merchants can expand their customer base and increase sales by catering to consumers who prefer to pay with cards. This not only helps boost revenue but also enhances the overall shopping experience for customers, leading to increased loyalty and satisfaction. Furthermore, payment card issuance enables businesses to streamline their payment processes, reduce cash handling costs, and improve operational efficiency.

Overall, payment card issuance is undeniably useful and beneficial for a variety of reasons. From the convenience and security it offers to individuals to the financial inclusion it promotes and the operational advantages it provides for businesses, payment cards play a vital role in our modern economy. As technology continues to evolve and new payment methods emerge, payment cards will likely remain a cornerstone of our financial system, meeting the needs of consumers and businesses alike. It is important to recognize the value that payment card issuance brings and continue to embrace its benefits in an increasingly digital and interconnected world.


  1. spendesk –
  2. nilsonreport –
  3. federalreserve –
  4. hkma –
  5. irs –
  6. lendingtree –

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