Visa, MasterCard, UnionPay market share worldwide 2014-2022

Published by
Raynor de Best,
Aug 30, 2023
UnionPay's global market share grew faster than that of MasterCard, whilst Visa's worldwide market position declined. This is not to say that Visa's transaction volume worldwide declined: It increased by roughly 18 billion purchases between 2021 and 2022. Compared to the number of transactions from UnionPay and MasterCard, however, Visa's transactions did not increase as much - leading to a declining market share.

Market share of global general purpose card brands American Express, Diners/Discover, JCB, Mastercard, UnionPay and Visa from 2014 to 2022, based on number of transactions

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Release date

May 2023

Region

Worldwide

Survey time period

2014 to 2022

Special properties

general purpose card brands, potentially indicating figures consist of both debit and credit cards; The source does not explain further

Supplementary notes

The figures have been taken from several publications.

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