The market share of either Mastercard or American Express did not reach the same heights in Peru as Visa in 2021. Visa is used relatively often for card payments in the South American country, with a market share of nearly 80 percent, an increase of 13 percentage points from the previous year. Mastercard's market share declined by 12 percentage points during the same timeframe. Although the share of cash in Peru declined significantly since COVID-19, it remained the most used in-store payment method.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Peru from 2018 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 Peru from 2018 to 2022 [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Peru from 2018 to 2022." Chart. January 1, 2024. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Peru from 2018 to 2022. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Peru from 2018 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Peru from 2018 to 2022 Statista, https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/ (last visited December 10, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Peru from 2018 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312429/biggest-card-schemes-in-peru/