their market share in POS payments did not grow as much since the coronavirus pandemic as, say, mobile wallets.
The market share of Visa in Malaysia remained relatively unchanged in 2020, although Mastercard's did by five percentage points. This according to research conducted over multiple years within the country. The source claims that Malaysia grows relatively quickly when it comes to online shopping, possibly explaining why the market shares of both Visa and Mastercard grew over time. Debit cards and credit cards are used within the Asian country, but Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020
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Worldpay. (March 2, 2022). Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020 [Graph]. In Statista. Retrieved June 08, 2023, from https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay. "Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020." Chart. March 2, 2022. Statista. Accessed June 08, 2023. https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay. (2022). Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020. Statista. Statista Inc.. Accessed: June 08, 2023. https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay. "Biggest Payment Card Brands - Visa, Mastercard, or In-market Local Card Schemes - in Malaysia from 2016 to 2020." Statista, Statista Inc., 2 Mar 2022, https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay, Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020 Statista, https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/ (last visited June 08, 2023)
Biggest payment card brands - Visa, Mastercard, or in-market local card schemes - in Malaysia from 2016 to 2020 [Graph], Worldpay, March 2, 2022. [Online]. Available: https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/