Global Industry Overview: Credit and Debit Card Issuers
Industry firms grant credit and debit accounts to businesses and individuals. Certain banks in this industry are also engaged in other aspects of commercial banking (see Banking and Insurance).
Industry Snapshot
Visa, MasterCard and American Express are the world's largest players in the financial card market, offering credit and debit cards to consumers around the world. Visa's market share of credit and debit card transactions worldwide was 68 percent as of 2008. MasterCard had the next largest share at 28 percent. The U.S. is the world's largest credit card market....