Visa's market share in Argentina decreased one percentage point between 2020 and 2021, although it retained its leading market position against several other brands. Argentina stands out from other countries in that it has several local options available to it, but each having a relatively small market share. Tarjeta Naranja and Cabal, for example, each held about up to five percent of the market within the considered timeframe. Credit cards are generally preferred for POS transactions within the South American country, although cash remained the most used payment method in 2021.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022
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Worldpay, & PPRO, & Statista. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022 [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Argentina from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022 Statista, https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/ (last visited January 06, 2025)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Argentina from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312041/biggest-card-schemes-in-argentina/
