Card Briefs: Europay International Reports Strong Growth

WATERLOO, Belgium - Europay International, the European payment system company affiliated with MasterCard International, reported double- digit growth rates in all its key indicators for the 12 months ending Sept. 30.

Total credit, debit, and check guarantee cards rose 25% to 106.4 million, transactions were up 14% to 1.17 billion, and volume increased 15% to the equivalent of about $96 billion.

Cross-border automated teller machine transactions were up 47% to 27.2 million. The number of machines accepting Eurocheque cards stood at 80,037, up 25%; Cirrus cards were at 45,888, up 78%; and Eurocard-MasterCard 96,677, up 29%.

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