Physical credit cards remained popular especially in Canada, making up roughly half of total transactions paid for in stores in 2022. Canada and the United States both rank relatively high when it comes to credit card penetration in the world. This comes back in figures on what payment methods merchants offer. Canadian e-commerce vendors largely offered credit cards over newer payment methods, such as Apple Pay or buy now, pay later (BNPL). Mexico stands out in this overview as the source did not place the country under the region of North America - instead, it put it under Latin America. Compared to Canada and the United States, however, Mexico used credit cards far less often for in-store payments.
Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country
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Worldpay. (March 21, 2024). Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/
Worldpay. "Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country." Chart. March 21, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/
Worldpay. (2024). Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/
Worldpay. "Market Share of Credit Cards in Total Value of E-commerce and Point of Sale (Pos) Payments in North America in 2022, by Country." Statista, Statista Inc., 21 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/
Worldpay, Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/ (last visited November 10, 2024)
Market share of credit cards in total value of e-commerce and point of sale (POS) payments in North America in 2022, by country [Graph], Worldpay, March 21, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394443/north-america-share-of-credit-card-payments-by-country/
