On a non-currency adjusted basis, Purchase Dollar Volume (PDV) in the Latin America Caribbean (LAC) region for Visa and MasterCard payment cards declined 19% Year-on-Year (YOY) in 3Q/15.
On an adjusted currency basis (FX) Visa (VS) was up 13.3% YOY and MasterCard (MC) soared by 17.7% YOY in 3Q/15.
VS and MC racked up US$130 billion in LAC PDV for 3Q/15, compared to US$162 billion for 3Q/14.
VS reported US$85 billion in 3Q/15 PDV, compared to US$105 billion for 3Q/14.
MC reported US$45 billion in 3Q/15 PDV, compared to US$57 for 3Q/14.
VS and MC posted US$304 billion in LAC Gross Dollar Volume (GDV) for 3Q/15, compared to US$367 billion for 3Q/14. On a nominal or non-FX basis the YOY change was -17%.
VS and MC posted US$174 billion in LAC Cash Dollar Volume (CDV) for 3Q/15, compared to US$206 billion for 3Q/14. On a nominal or non-FX basis the YOY change was -16%.
VS and MC reported 4145 million in LAC Purchase Transactions (PTX) for 3Q/15, compared to 3780 for 3Q/14, a 10% YOY rise.
VS and MC posted 1323 million in LAC Cash Transactions (CTX) for 3Q/15, compared to 1264 for 3Q/14, a 5% YOY rise.
VS and MC have an estimated 570 million Gross Accounts (GAC) in the LAC, compared to 549 million in 3Q/15, for a YOY change of +4%.
VS and MC have an estimated 620 million Cards-in-Force (CIF) in the LAC, compared to 599 million in 3Q/15, for a YOY change of +4%.
V+M LAC PDV
3Q/14: $162 billion
4Q/14: $168 billion
1Q/15: $141 billion
2Q/15: $136 billion
3Q/15: $130 billion
Visa LAC PDV Growth (FX)
MasterCard LAC PDV Growth (FX)
Source: Visa; MasterCard
For data, background and forecasts on LAC Cards: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items)