Latin America General Purpose Cards — 2017

Article

Latin America General Purpose Cards — 2017

Visa, Mastercard, Diners Club/Discover, and American Express credit, debit, and prepaid global general purpose cards issued in Latin America and the Caribbean (LA&C) generated $708.51 billion in purchase volume for goods and services in 2017, up 15.0%. There were 20.24 billion purchase transactions for goods and services, an increase of 7.9%. Combined Visa and Mastercard purchase transactions of 19.66 billion accounted for 97.15% of the LA&C total. American Express and Diners Club/Discover cards generated the other 2.85% or 0.52 billion purchase transactions. Visa’s market shar...

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