Spending on bank cards surged in the United States last year, thanks to brisk gains in corporate and debit card transactions.

Visa U.S.A. said spending on its cards climbed 16% last year, to $610.3 billion-the seventh consecutive year of double-digit growth.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.