Credit, debit and prepaid cards issued in Latin America and the Caribbean (LA&C) region and operating on the Visa, Mastercard, American Express and Diners Club/Discover global networks generated $1.771 trillion in purchase volume for goods and services in 2025.
Private equity firm Advent International has sold two of the three processing businesses it owned in Argentina to Visa.
The 15 consumer card issuing business deals occurred in 8 countries. The monetary value for 11 is known. Those deals were valued at $3.85 billion.
For the first nine months of 2025, debit, credit and prepaid cards in circulation worldwide with Visa and Mastercard brands generated $17.136 trillion in purchase volume.
Asia–Pacific is the top region for global network cards. Purchase transactions are projected to reach 518.56 billion in 2030, up 35.4% from 2025.
There are 36.9 million devices featured in this issue. Of that amount, 63.35% were QR code readers, 24.48% were dongles, 7.90% were multilane and PIN entry or contactless-only PIN pads, 2.40% were non-PCI-certified devices and 1.87% were ECRs.
There are more than 90 general purpose card brands worldwide that are domestic only and general purpose. Collectively, they generated $1.163 trillion in purchase volume in 2024.
The 10 largest issuers among the top 150 accounted for 54.8% of purchase volume in 2024.
Newland Payment Technology was the largest manufacturer in 2024. Its global total included 3.5 million portable battery-powered and 22,000 desktop Android terminals.
Visa and Mastercard cards issued by the 50 largest totaled 942.3 million and accounted for 74.8% of all general purpose cards issued in LA&C.
