In 2022, Visa still had the majority of all general purpose card payments within the Latin America region - although its market share remained relatively unchanged. Mastercard followed, accounting for about 40 percent of the purchase volume in the region that year. This is somewhat of a decline of its position as between 2018 and 2019 MasterCard's market share increased in favor of that of American Express. In 2022, Brazil was the Latin American country with the highest number of credit cards.
Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions
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Statista. (April 30, 2024). Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
Statista. "Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions." Chart. April 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
Statista. (2024). Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
Statista. "Market Share of Visa, Mastercard, American Express, Diners Club as General Purpose Card Brands in Latin America from 2009 to 2023, Based on Number of Transactions." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
Statista, Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions Statista, https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/ (last visited December 21, 2024)
Market share of Visa, Mastercard, American Express, Diners Club as general purpose card brands in Latin America from 2009 to 2023, based on number of transactions [Graph], Statista, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/