Canada Card Issuers and Networks

Credit, debit and prepaid commercial, small business and consumer cards issued in Canada with Visa, Mastercard, Interac and American Express brands generated 16.83 billion purchase transactions in 2023, up 9.1% from 2022. Canada’s national debit card brand, Interac, maintained its position as the top brand measured by purchase transaction market share in 2023 despite a decline of 144 basis points (bps) to 39.40%. Second-place Visa held a 35.22% share, an increase of 44 bps. Mastercard’s share was up 78 bps to 23.67% and American Express’s share grew 22 basis points to 1.70%. Genera...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


March 2024
Headlines in this Issue
Charts in this Issue

Canada—Networks and Issuers, Market Shares and Purchase Transactions

Market Shares of Visa & Mastercard Purchase Volume

Spending, Transactions and Cards by Brand

Credit Card Issuers in Canada—Ranked by Outstandings at Year-End 2023

Merchant Processing Fees Paid by Merchants in the US—2023

BNPL Deals Valued at $100 Million and Above

Investments and Acquisitions Deals by Region—2023

Investments & Acquisitions—February 2023