Biggest international and domestic payment card schemes in Argentina 2016-2022
Credit cards are generally preferred for POS transactions within the South American country, although cash remained the most used payment method in 2021.
Visa's market share in Argentina decreased one percentage point between 2020 and 2021, although it retained its leading market position against several other brands. Argentina stands out from other countries in that it has several local options available to it, but each having a relatively small market share. Tarjeta Naranja and Cabal, for example, each held about up to five percent of the market within the considered timeframe.