Biggest international and domestic payment card schemes in Colombia 2016-2022
Debit cards in Colombia became increasingly popular from 2020 onwards, although credit cards are still preferred.
Unlike many countries in the world, Mastercard had a higher market share for offline and online payments in Colombia than Visa. The two brands dominate card payments, with MasterCard generally having a market share of 55 percent compared to 40 to 45 percent for Visa.