FREDERICK, Md. - The growth in sales volume on debit cards whichcardholders validate with their signatures outpaced that of creditcards in the first quarter of 2006 in year over year figures,according to Cardweb.com, a Web site which tracks card trends.According to the site, signature debit transaction dollar volumerose 19% in the first quarter of 2006 over the first quarter of2005 while credit card dollar volume rose only 12% in both Visa andMasterCard. The site reported that over the past five years,signature debit card purchase volume in the U.S. during the firstquarter has more than doubled rising 114% while purchase dollarvolume in credit cards has increased 46% for the same period.During the first quarter Visa and MasterCard posted $149.6 billionin debit card purchase volume versus $285.2 billion in credit cardPDV, according to CardData.
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