Mastercard's market share in Brazil declined four percentage points between 2020 and 2021, whilst Visa's market share also declined. Despite this development, the two card brands are responsible for eight out of 10 card payments in either an offline or online environment in the South American country. Domestic scheme Elo from São Paulo did become more popular as time went by - coinciding with a general increase of both debit cards as well as credit cards in Brazilian POS payments.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Brazil 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 Brazil from 2016 to 2022 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Brazil from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Brazil from 2016 to 2022. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Brazil from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Brazil from 2016 to 2022 Statista, https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/ (last visited October 31, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Brazil from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312242/biggest-card-schemes-in-brazil/