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Credit Card Issuing in Massachusetts

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MA52221

Credit Card Issuing in Massachusetts industry analysis

The Credit Card Issuing industry in Massachusetts is expected to grow an annualized x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Credit Card Issuing in Massachusetts Market Research Report

What’s Included in the Credit Card Issuing in Massachusetts Market Research Report

Definition of the Credit Card Issuing in Massachusetts?

The Credit Card Issuing industry issues credit cards, providing the funds required to buy goods and services in return for payment on a full balance or installment basis. Credit cards issued in the United States are not issued directly by Visa Inc. (Visa), MasterCard Incorporated (MasterCard) or any other payment-solution organization. Rather, Visa, MasterCard and other similar corporations provide the actual payment systems used when payments are made by credit card.

What’s included in the Credit Card Issuing in Massachusetts?

The Credit Card Issuing in Massachusetts includes providing credit through credit cards. Related terms covered in the Credit Card Issuing in Massachusetts industry report includes payment made by one bank to another to process credit and debit transactions made on cards from another bank, consumer credit line that can be used up to a certain limit or paid down at any time, when a customer is unable to repay a debt, often at the point of six months without repayment, the debt is written off as uncollectible, an expense set aside for bad loans and a form of credit offered via a payment platform where the cost of a purchase is repaid over a few periods.

Industry Performance of the Credit Card Issuing industry in Massachusetts

Benchmark the Credit Card Issuing in Massachusetts industry performance with all MA county and national performance.

Credit Card Issuing in Massachusetts

#27 in Highest Revenue 0.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Credit Card Issuing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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Key Drivers of the Credit Card Issuing industry in Massachusetts

See how key industry drivers, such as are impacting Credit Card Issuing in Massachusetts

Massachusetts Economic Indicators

Population
New Business Formation

View more economic information in MA State Economic profile

US Key External Drivers

Consumer spending
Aggregate household debt
Consumer price index

For the full list of industry drivers, see report purchase options.

County Data of the Credit Card Issuing industry in Massachusetts

Access proprietary data on county in the Credit Card Issuing in Massachusetts, such as Middlesex County, Hampden County and Plymouth County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Credit Card Issuing industry in Massachusetts

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Credit Card Issuing industry in Massachusetts in 2025?

The market size of the Credit Card Issuing industry in Massachusetts is $636.7m in 2025.

How many businesses are there in the Credit Card Issuing industry in Massachusetts in 2025?

There are 14 businesses in the Credit Card Issuing industry in Massachusetts, which has been growing at an average annual rate of 7.0% from 2020 to 2025.

Has the Credit Card Issuing industry in Massachusetts grown or declined over the past 5 years?

The market size of the Credit Card Issuing industry in Massachusetts has been growing at an average annual rate of 3.0% from 2020 to 2025.

How many employees in the Credit Card Issuing industry in Massachusetts in 2025?

There are 148 employees in the Credit Card Issuing industry in Massachusetts, which has been declining at an average annual rate of -4.2% from 2020 to 2025.