Proprietary Report with Analysis on V+M Latin America Caribbean (LAC) Payment Card Operational Performance.
Visa and Mastercard purchase dollar volume (PDV), currency adjusted (FX), in the Latin American Caribbean (LAC) region has been robust in the first quarter (1Q/17) with year-on-year (YOY) growth in double digits. Mastercard has been slowly gaining on Visa in the LAC, eroding Visa’s marketshare in the LAC region, based on nominal PDV, to 64% at end-of-year (EOY) 2016, compared a 65% marketshare at EOY 2016 and 66% share at EOY 2015.
Combined, both networks logged $325 billion in gross dollar volume (GDV), $151 billion in LAC PDV, 579 million in . . .