The biggest merchant acquirers in Latin America largely come from Brazil, with three processors consistently processing the most card payments across the region. The three companies - Cielo, Rede, and Getnet - are joined by several PagSeguro and StoneCo in a ranking that displays a fraction of 45 different banks and/or private companies with a banking license that enable card payments for merchants. It is not surprising that most of these acquirers are from Brazil. The country has the highest market share of credit card transactions of several countries in Latin America.
Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed
(in billions)
Characteristic
Cielo (Brazil)
Rede (Brazil)
Getnet (Brazil)
Transbank (Chile)
PagSeguro (Brazil)
StoneCo (Brazil)
BBVA (Mexico)
Prisma Medios de Pago (Argentina)
Other
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Supplementary notes
The figures have been taken from several publications and, in certain cases, calculated by Statista. The source sometimes rounded figures, and sometimes did not.
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Statista. (October 31, 2022). Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed (in billions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/
Statista. "Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed (in billions)." Chart. October 31, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/
Statista. (2022). Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed (in billions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/
Statista. "Leading Payment Card Processors for Merchants - Merchant Acquirers - in Latin America from 2017 to 2021, Based on Number of Transactions Processed (in Billions)." Statista, Statista Inc., 31 Oct 2022, https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/
Statista, Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed (in billions) Statista, https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/ (last visited July 22, 2024)
Leading payment card processors for merchants - merchant acquirers - in Latin America from 2017 to 2021, based on number of transactions processed (in billions) [Graph], Statista, October 31, 2022. [Online]. Available: https://www.statista.com/statistics/472528/payment-card-merchant-acquirers-latin-america-by-volume/
