I'm referring to the cards in circulation number. The original claim was about a percentage of consumers, not a percentage of transactions so to me that is the

I'm referring to the cards in circulation number. The original claim was about a percentage of consumers, not a percentage of transactions so to me that is the more relevant number. Either way, 100% - 23% = 77% which is > than 70% so the point stands. Visa + Mastercard alone are over 70% using the purchase volume numbers