Interac, Visa, Mastercard and American Express brand credit, debit and prepaid commercial, small business and consumer cards issued in Canada generated 17.89 billion purchase transactions in 2024, up 6.7% from 2023. The national debit card brand of Canada, Interac, has always held the largest market share position among all brands when measuring purchase transactions. However, in 2024, its share declined 191 basis points (bps) to 37.63%. Visa was in second place with a 36.50% share, up 115 bps. Third place Mastercard’s share grew 52 bps to 23.92%, and American Express’s share was up 24 ...