Biggest international and domestic payment card schemes in Peru 2018-2022
The market share of either Mastercard or American Express did not reach the same heights in Peru as Visa in 2021. Visa is used relatively often for card payments in the South American country, with a market share of nearly 80 percent, an increase of 13 percentage points from the previous year. Mastercard's market share declined by 12 percentage points during the same timeframe. Although the share of cash in Peru declined significantly since COVID-19, it