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
Characteristic
Mastercard
Visa
Elo
American Express
Hipercard
Cabal
Itaú Unibanco
Others
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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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/