Visa was processed more than both Mastercard and American Express combined, in both South Africa and the UAE, while transactions in Nigeria were much smaller. This is according to estimations calculated by Statista from numbers that first tried to establish the market size of domestic POS and online markets, and that were then used to calculate the market share of specific payment methods and brands. For this statistic, the focus is exclusively on the three major card brands - Visa, Mastercard, and American Express. The Middle East and Africa did not receive much coverage, with only four countries being reported. Out of these, South Africa and the UAE stand out as Visa and Mastercard both account for about half of all the payments in those countries, regardless of cash or digital.
Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022
Characteristic
Visa
Mastercard
American Express (Amex)
Other payment methods - incl. cash, domestic card schemes, digital wallets, BNPL, etc.
Total value of all payments processed in POS and e-commerce
Africa, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, MENA
Survey time period
March 2024
Special properties
Figures cover both POS (offline) and e-commerce (online) transactions
Supplementary notes
The numbers provided have been calculated by Statista using figures from Worldpay's Global Payments Report - editions 2023 and 2024. This source, in turn, largely relied on GlobalData.
The source did not provide figures for other countries in the Middle East and Africa.
The source does not provide information on whether it considered local partnerships between Visa and/or Mastercard with local card schemes. Certain local brands, like Bancomat in Italy or CB in France, make use of international card rails or co-branding. It is unclear whether the figures take such local interdependencies into consideration.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (June 16, 2024). Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/
Statista. "Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022." Chart. June 16, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/
Statista. (2024). Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/
Statista. "Total Value of Credit Card and Debit Card Payments in Selected Countries or Territories in The Middle East and Africa (Mea) Involving The Visa, Mastercard, and American Express Card Schemes in 2022." Statista, Statista Inc., 16 Jun 2024, https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/
Statista, Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022 Statista, https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/ (last visited November 03, 2024)
Total value of credit card and debit card payments in selected countries or territories in the Middle East and Africa (MEA) involving the Visa, Mastercard, and American Express card schemes in 2022 [Graph], Statista, June 16, 2024. [Online]. Available: https://www.statista.com/statistics/1473745/visa-mastercard-amex-value-in-the-middle-east-africa-by-country/