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Purchase volume generated by debit cards from the 150 largest issuers combined reached $11.375 trillion in 2023. Issuers from Asia–Pacific led with $5.315 trillion followed by the US with $2.827 trillion, Europe with $2.659 trillion, Latin America with $0.382 trillion and Middle East and Africa with $0.190 trillion.
Among the top 150, the 10 largest issuers accounted for 57.6% of purchase volume in 2023. Among the 10 largest were 5 issuers from China. Their combined $4.497 trillion in purchase volume occurred mostly on the UnionPay merchant network in China. ...
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