The market share of Visa in Taiwan was only slightly larger than that of both Mastercard and local brand Smartpay. Mobile payment solution Smarpay, especially, is noticeable, as it lost half of its market share between 2019 and 2020. The source does not mention why this occurred. Nevertheless, Taiwan boasts many different card brands as, especially, credit cards are used often.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022
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Worldpay, & Statista, & PPRO. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022 [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/
Worldpay, und Statista, und PPRO. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/
Worldpay, Statista, PPRO. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/
Worldpay, and Statista, and PPRO. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Taiwan from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/
Worldpay & Statista & PPRO, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022 Statista, https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/ (last visited January 06, 2025)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Taiwan from 2016 to 2022 [Graph], Worldpay, & Statista, & PPRO, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312436/biggest-card-schemes-in-taiwan/
