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The U.S. Payment Card Market Tops $6 Trillion Commercial Cards Account for 23%

September 5, 2019

CARPINTERIA, Calif., Sept. 5, 2019 /PRNewswire/ — Commercial and consumer credit, debit, and prepaid cards issued in the U.S. generated $6.130 trillion in spending for goods and services in 2018, according to The Nilson Report, the leading card and mobile payment trade publication. Spending generated by commercial cards grew by 11.7% and outpaced consumer card spending, which grew by 10.1%. Commercial card spending was $1.393 trillion last year. Consumer card spending was $4.737 trillion.

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