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The credit card market keeps growing, and the top 10 card issuers held 81% of credit card balances outstanding in 2019

The credit card industry is a big business, and it is dominated by a handful of major banks and payment networks. Here’s how the credit market breaks down, and how it’s been affected by the pandemic and new developments in technology and security.

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About CorServ – CorServ provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. CorServ’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from CorServ’s client base. Most importantly, our clients control their credit card customer relationships. For more information, please visit www.corservsolutions.com
CorServCorServ Business Inquiries:
David Luther
CorServ CBO
info@corservsolutions.com
William Mills Agency
CorServ Media Inquiries:
Kendall Carwile
The William Mills Agency
 678.781.3074
Kendall@williammills.com