Payments Network Earnings: Consumer Growth and Progress in New Payment Technologies
Start here
AI-assisted source synthesis · not an independent investigation.
A report dated November 4, 2026, reviewed the earnings of Visa, Mastercard, and American Express: consumer spending continued to grow, while payment networks advanced stablecoins, unpaid invoices, and transactions initiated by AI agents. Visa reported that U.S. credit and debit card transaction volumes grew by 11% and 9%, respectively; its annualized stablecoin settlement volume exceeded $25 billion, and related Visa Direct services had been commercialized. Regarding AI agent transactions, Visa and Mastercard both said volumes remain small and merchants and payment processors are not yet ready.
AI-written from reports · updated 2 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- PYMNTSPayments Network Earnings: Five Observations on Consumer Spending and Technology
Earnings reports from Visa, Mastercard, and American Express show that consumer spending continues to grow and payment networks are advancing stablecoins, unpaid invoices, and transactions initiated by AI agents. Visa’s U.S. credit and debit card transaction volumes grew 11% and 9%, respectively, while the annualized volume of stablecoin settlements exceeded $25 billion and related Visa Direct services have been commercialized. Visa and Mastercard said agent-initiated transaction volumes remain low, and merchants and processors have yet to complete their preparations.
Heat over time
Not enough consecutive observations yet to draw a trend.