Unlike many countries in the world, Mastercard had a higher market share for offline and online payments in Colombia than Visa. The two brands dominate card payments, with MasterCard generally having a market share of 55 percent compared to 40 to 45 percent for Visa. Debit cards in Colombia became increasingly popular from 2020 onwards, although credit cards are still preferred.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Colombia 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 Colombia from 2016 to 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Colombia from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Colombia from 2016 to 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Colombia from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Colombia from 2016 to 2022 Statista, https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/ (last visited November 21, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Colombia from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312417/biggest-card-schemes-in-colombia/
