American Express, Diners Club, Mastercard and Visa brand credit, debit and prepaid cards issued in Latin America and the Caribbean (LA&C) region generated $1.454 trillion in purchase volume for goods and services in 2023. On a local currency basis, these global brand general purpose cards grew their purchase volume 20.6% over 2022. Purchase transactions reached 54.51 billion, up 15.8%. Mastercard and Visa purchase transactions increased to 53.49 billion. Combined, they accounted for 98.14% of the LA&C region’s total. American Express and Diners Club cards accounted for the o...