MasterCard transactions increase in Latin America and the Caribbean

During the first quarter of 2008, cardholders of MasterCard in Latin America and the Caribbean used their cards for 415 million purchases, generating a gross dollar volume of 44 billion dollars. This is a 20.7 per cent increase in terms of local currency compared to the same period in 2007.

Friday, May 2, 2008

More on this topic

MasterCard bets on prepayments

July 2008

MasterCard is betting on the development of prepaid cards not just in Panama but in all of Latin America.

Credit and debit cards have been popular in Panama's market, where most of the population has access to banking services.
The director of sales and product delivery for MasterCard, Max Chion, says there's a long road to travel in the development of new products for the mass market.

Costa Rica shows credit card potential

June 2008

Mastercard's vice president of Marketing for Central America says Costa Rica is one of the best potential markets for development of his product.

"It's an emerging market and so the possibilities of development and growth are very big," he said.

Guatemala to create Latin America's biggest ecological park

April 2008

The government of Guatemala has proposed development of the biggest ecological and cultural park in Latin America in the northern department of Petén, President Álvaro Colom announced today.

It will be called "Cuatro Noj," which according to the Mayan worldview signifies the four cardinal points on the planet.

Expo Invest Panama

May 2016

The Ministry of Commerce and Industry is organizing an event on June 9 to 11 which will bring together public and private sectors to explore investment opportunities.

The event is being presented as an opportunity to open the doors to investment in Latin America and the rest of the world, with Panama as a hub for regional and international business.

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