The Nilson Report

THE CURRENT ISSUE: Issue 1094 | Sep 2016


Companies featured in The Current Issue include:

Payment Cards Projected Worldwide

Latin America’s Largest Acquirers

Asia-Pacific’s Largest Acquirers

Chase Visa Infinite Products

Mastercard/PayPal Partnership

Simility Fraud Detection

iSignthis Verification for Card Acquiring

FuturePay Online Installment Payments

Investments & Acquisitions - August 2016

Payment Cards Worldwide Market Share in 2015

Investments & Acquisitions - August 2016

Asia-Pacific’s Top Acquirers of Web Transactions

Top Acquirers in Asia-Pacific 2015

Largest Merchant Acquirers in Asia-Pacific 2015

Latin America’s Top Acquirers of Web Transactions

Top Acquirers in Latin America 2015

Largest Merchant Acquirers in Latin America 2015

Largest Merchant Acquirers in Latin America 2015

The 46 largest acquirers of payment card transactions from merchants in the Latin America and Caribbean region are listed on page 11 by the number of Visa and Mastercard payments handled in 2015.

1. Cielo, Brazil
5,300.0 million transactions, +4%
2. Rede, Brazil
4,028.1 million transactions, +3%
3. BBVA Bancomer, Mexico
1,121.5 million transactions, +8%
4. Prisma Medios de Pago, Argentina
974.0 million transactions, +17%
5. Santander (through GetNet), Brazil
818.3 million transactions, +26%

Full access to the Largest Merchant Acquirers in Latin America 2015 results is available when you subscribe to The Nilson Report.



Chase Card Services, the largest card issuer in the world based on purchase volume, launched two new card products in August on the Visa Infinite credit card platform. Visa Infinite, aimed at affluent cardholders, provides the highest level of features and services of any Visa brand product. Only two other banks issue Visa Infinite cards — City National (since May 2015) and SunTrust Bank (since January 2016).

One of Chase’s Visa Infinite cards is the Ritz–Carlton Rewards co-branded credit card that had previously operated on the Visa Signature platform. With the upgrade to Infinite, cardholders receive unlimited $100 discounts when buying two or more domestic airline tickets, access to the 900 airport lounges (in 400+ cities) connected to Priority Pass Select, a reimbursement for Global Entry application fees, car rental discounts and upgrades, plus sports, entertainment, and dining experiences. They also earn three Ritz–Carlton upgrades annually on paid stays of up to seven days, as well as a $100 hotel credit on paid stays of two nights or more, a $300 annual travel credit, Gold Elite status in the Ritz–Carlton Rewards program if they spend $10,000 a year, and Platinum Elite status for $75,000 in annual spending. 

There is a $450 annual fee for the Ritz–Carlton Rewards card, which provides two points for every $1 in purchases on airline tickets, car rentals, and restaurants when spending occurs directly with the provider. Ritz–Carlton spending earns five points for every $1, and all other spending earns one point per $1. 

Chase’s other Visa Infinite card is Sapphire Reserve. Cardholders earn 100,000 bonus points after spending $4,000 in the first three months — equivalent to $1,500 when redeemed for travel through the Chase Ultimate Rewards loyalty program. Other benefits include three points per $1 spent on travel and dining purchases worldwide, one point per $1 spent on all other purchases, a $300 annual travel credit, a $100 application fee credit for Global Entry or TSA Pre, and no foreign transaction fees. 

Points are worth 50% more when redeemed for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards. There is a one-to-one points transfer ratio for airline and hotel loyalty programs. 

Chase Sapphire Reserve cardholders receive Priority Pass Select membership, 24/7 direct access to dedicated customer service specialists, car rental discounts and upgrades from National, Avis, and Silvercar, special benefits at members of The Luxury Hotel & Resort Collection, and elevated access to Chase Sapphire events and experiences. There is a $450 annual fee and a $75 fee for each additional authorized user. 

Richard Quigley is President, Partner Business at Chase Business Cards in Wilmington, Delaware, (302) 282-2496,,

Copyright © 2016 The Nilson Report