Payments Flashcards

1
Q

Digital payments penetration of total PCE, increasing per year

A

43%, 2% per year

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

US / Canada digital payments penetration

A

61% USA / 76% Canada

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Global digital payment volume growth

A

11% (5% macro PCE growth, 6% secular - 2 points penetration per year)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

eCommerce share of total PCE / share of carded transactions

eCommerce PCE growth = 15% in US (20% in ROW)

A

16% of total PCE / 22% of carded transactions

Note: over half of eCommerce includes eBillPay (which has penetrated 50% of total bill pay in uS) which is predominantly ACH (not carded)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Visa cross-border revenue and profit mix

What drives it?

A

30%

Volatility is a lot higher (1-21% last 5 years vs. 6-13% for domestic)

3-5x the revenue yield per transaction versus domestic (ie. cross-border only represents <10% of transaction volume but 30% of rev). Yields higher when FX is more volatile, and V/MA are only true global providers

When merchant and consumer bank are in different countries - driven by tourism and e-commerce. When USD strong, less cross-border volume as tourism to US decreases. Cash displacement not big driver bc card use in tourism already high

How well did you know this?
1
Not at all
2
3
4
5
Perfectly