The final data for 2003 is in from VISA and it shows that the card association overall continued to show strong growth in its sales and cash, the number of cards and the amounts of credit outstanding. Sales and cash volume increased every quarter in 2003 by at least 9.0% and the number of cards by at least 1.5% in the second quarter, the lowest by far of the year. Significantly, even though the second quarter showed drops in the growth of both sales and numbers of cards, the amount of credit outstanding continued its steady growth. These charts offer some historical perspective.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.