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The Brazilian Payment Systems & Cards Sector

  • August 2015
  • 40 pages
  • FALKE Information Services
Report ID: 3752639

Summary

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The Brazilian payments sector is estimated to have reached 22.6 billion transactions in 2015 with a base of 477 million cards. Card transactions amounted to 12.6 billion with transaction value of US$ 330 billion. Large banking groups dominate the segment with credit cards representing 63% of online payments in Brazil, however 33% of retail purchases are still paid in cash. The average ticket for credit cards is almost twice as high as for debit cards in the country. Cielo and Redecard hold 87% market share as acquirers but there is considerable room for growth for non-cash payments in the country: 14 billion in Brazil vs. 143 billion in the United States in 2013.

This report briefly analysis the subject market in Brazil, its main products and services, main players’ performance and the potential for different media in Brazil and the rest of the world.

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