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The statistic highlights the MasterCard’s Cards by Region starting from Q1 2016 to the latest quarter.
Mastercard Incorporated (NYSE: MA) is a multinational financial services corporation headquartered in Purchase, New York, United States. Globally, MasterCard’s principal business is to process payments between the banks of merchants and the card-issuing banks of the purchasers who use the “Mastercard” brand credit, debit, and prepaid cards make purchases. Mastercard is traded on the NYSE, since 2006, under the symbol MA. Mastercard stands with a market capitalization of $236.15 billion as of August 2016. Before its IPO, Mastercard was a cooperative owned by more than 25,000 financial institutions that issue its branded cards. The Global Operations of the company managed in O’Fallon, Missouri, United States, a municipality of St. Charles County, Missouri.
The year 2016
In the first quarter, Worldwide, the company issued a total of 1,593 cards. APMEA and Europe tolled the highest in issuing new cards, followed by the headquarters – US Latin America and Canada recorded a minute quarterly growth. Following the same growth pattern, APMEA and Europe recorded significant growth in Q3, while the United States and Latin America reported a stagnant growth. Canada again reported a minute growth tolling the number of cards to 48 million. In the last quarter, the stagnated regions reported an increase along with other regions, marking a figure of 1,669 million cards.
The year 2017
APMEA and Europe again bagged the highest position in issuance of cards of all brands in the first quarter, followed by stagnant growth in the United States. Though Canada is constant with the number of cards, it still reported a growth rate of 9.0%, second-highest after APMEA. In the subsequent quarters, the same growth pattern reported with substantial growth in APMEA, Europe, and Canada. In Q3, each state witnessed a good amount of growth considerably during the year, with APMEA and Europe bagging the top positions. During the last quarter, the worldwide number of cards tolled to 1,825 million, with significant improvements in Europe and APMEA, followed by the United States. During the year, Canada reported massive growth in issuing several cards.
The year 2018
The overall growth in the number of cards across the regions is consistent during the year. Though APMEA and Europe bagged the top position in terms of the number of cards, Canada reported the highest growth of 15.8% with 56 million cards in the first quarter. With consistent growth, APMEA and Europe are still at the top, while Canada is outbreaking the records in terms of growth. Meanwhile, the US and Latin America are still stagnant with the number of cards in Q2. APMEA crossed the 800 million mark in terms of the number of cards, while Canada continues to be still at the top in percentage growth in the last quarter. The full-year crossed the figure of 2,000 million number of cards.
The year 2019
Following the streak, this year soared more than the previous years, where Canada’s growth dropped and replaced it by Latin America. In the first quarter, the increase in Latin America is 11.0%, marking the figure of 187 million cards. APMEA and Europe again bagged the top positions, both in terms of the number of cards and growth, while the United States is constant with the increase. In the subsequent quarters, the growth in APMEA and Canada fell drastically while growth in Latin America grew. Till the end of last quarter, worldwide count of the number of cards was 2,174 million with significant growth in Latin America and Europe.
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* Billed annually, local taxes extra.
* Local taxes extra.