Latin America PDV (purchase dollar volume) with Visa and Mastercard credit and debit cards exploded by 18.0% year-on-year (YOY) in the fourth quarter (4Q/18). Likewise, gross dollar volume (GDV), on a currency adjusted basis (FX), soared by 11.5% YOY. Both metrics for the Latin America Caribbean (LAC) region were driven by a strong U.S. dollar…
Visa International has processed over $110 billion in POS transactions
in Latin America and the Caribbean(LAC) for 2006 representing a 33%
increase. Of this growth, 34% was in debit and prepaid products while
32% was in Visa credit card purchases. With over 2.4 million acceptance
locations, convenience is what is driving growth in LAC. Visa International.