American Express, Diners Club, Mastercard and Visa brand credit, debit and prepaid cards issued in Latin America and the Caribbean (LA&C) region generated $1.588 trillion in purchase volume for goods and services in 2024. On a local currency basis, these global brand general purpose cards grew their purchase volume 20.5% over 2023. Purchase transactions reached 69.23 billion, up 13.9%. Mastercard and Visa purchase transactions grew to 61.56 billion. Combined, they accounted for 98.35% of the region total. American Express and Diners Club cards accounted for the other 1.65%—1.03 billio...