The market share of Visa in Malaysia remained relatively unchanged in 2021, at 56 percent. 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 their market share in POS payments did not grow as much since the coronavirus pandemic as, say, mobile wallets.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Malaysia from 2016 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 Malaysia from 2016 to 2022 [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Malaysia from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Malaysia from 2016 to 2022. Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Malaysia from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Malaysia from 2016 to 2022 Statista, https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/ (last visited November 08, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Malaysia from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/895589/leading-brands-in-payment-cards-in-malaysia/