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Card Acceptance (4/9/01)
FULL STORY:
MasterCard has been the most widely accepted payment card in the world . .
. but not anymore! VISA is now accepted by 21.4 million merchants worldwide
compared to MasterCard's 19.6 million. According to the latest domestic
industry stats gathered by CardData and international data gathered by RAM
Research Group, the number of VISA merchant locations soared by 15.9% last
year from 18.5 million to 21.4 million (21,377,115). MasterCard merchant
locations increased 12.9%, from 17.4 million to 19.6 million. If ATMs,
member offices, and other locations are factored in, VISA still remains the
king of global acceptance. MasterCard's total acceptance locations hit 21.0
million at the end of 2000 compared to VISA's 22.4 million. MasterCard
still remains the most widely accepted card in Europe and Canada. VISA has
a very strong lead in Latin America.
| MERCHANT LOCATIONS AROUND THE WORLD |
| (VISA versus MasterCard) |
| REGION | VISA | MASTERCARD |
| United States | 4.7m | 4.2m |
| Canada | 568,000 | 600,000 |
| Europe | 4.9m | 5.0m |
| Latin America | 1.8m | 1.1m |
| Asia Pacific | 9.0m | 8.6m |
| Rest | 466,000 | 200,000 |
Source CardData (www.carddata.com)
RAM Research Group Ltd (www.ramresearch.com) |
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