Connect with us

Markets

This cropped graphic shows the number of global transactions for five major card companies (Visa, Mastercard, UnionPay, American Express, and Discover) from 2014–2023. This cropped graphic shows the number of global transactions for five major card companies (Visa, Mastercard, UnionPay, American Express, and Discover) from 2014–2023.

Markets

Charted: Visa, Mastercard, and UnionPay Transaction Volumes

Card services tend to be imagined as a duopoly between Visa and Mastercard. However, China’s UnionPay has all but caught...