Global Number of Payments by Cards with a Credit Function Share by Country (Million Units)

In 2023, the United States leads the global number of payments by cards with a credit function at 48.04 million units, experiencing a year-on-year variation of 2.48%. South Korea follows with 16.32 million units and a 3.65% increase, while Brazil stands at 9.14 million units, growing by 3.21%. Canada and the United Kingdom recorded 6.65 and 4.04 million units respectively, with Canada increasing by 2.86% and the UK by 2.79%. Australia, Russia, and India present significant shares with respective year-on-year variations of 2.9%, 5.0%, and 4.48%. Other notable countries include Mexico, Italy, and France, showing variations of 3.59%, 2.34%, and -8.34% respectively. Argentina, Sweden, Singapore, Switzerland, Indonesia, Germany, Saudi Arabia, and Belgium also demonstrate varied growth rates.

Future trends to watch include potential continued growth in Russia and India due to their significant year-on-year increases. Conversely, France’s negative growth may indicate a shift towards alternative payment methods. Monitoring technological advancements, regulatory changes, and consumer behavior in these regions will be crucial for understanding market dynamics in the coming years.