In 2020, 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 42 percent of the purchase volume in the region that year. This is somewhat of a solidification of its position as between 2018 and 2019 MasterCard's market share increased in favor of that of American Express. In 2019, Brazil was the Latin American country with the highest number of credit cards.
Market share of international card brands based on purchase transaction volume in Latin America from 2016 to 2020
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The Nilson Report. (March 31, 2021). Market share of international card brands based on purchase transaction volume in Latin America from 2016 to 2020 [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
The Nilson Report. "Market share of international card brands based on purchase transaction volume in Latin America from 2016 to 2020." Chart. March 31, 2021. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
The Nilson Report. (2021). Market share of international card brands based on purchase transaction volume in Latin America from 2016 to 2020. Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
The Nilson Report. "Market Share of International Card Brands Based on Purchase Transaction Volume in Latin America from 2016 to 2020." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/
The Nilson Report, Market share of international card brands based on purchase transaction volume in Latin America from 2016 to 2020 Statista, https://www.statista.com/statistics/734326/credit-cards-market-share-latin-america/ (last visited May 27, 2022)
