A Look At The Country's Largest Card Lenders: Credit Card Payment Volumes

These seven card issuers reported almost $470 billion in total payments made by customers using their credit cards in Q3 2014 - making this the best quarter in this regard since the economic downturn. The dominance of these financial institutions in the card industry is demonstrated by the fact that cards issued by them account for roughly 75% of all credit card purchases made in the U.S. American Express has the largest market share thanks to its strategy of targeting affluent customers who are...