Tourist transactions made with a Visa card increase in the Dominican Republic

Tourist transactions made with a Visa card increase in the Dominican Republic

The Dominican Republic, Puerto Rico and Costa Rica ranked first among the countries in the region with the highest increase in Visa transactions made by international travelers in March 2022, compared to 2020.

The Visa Consulting Division analyzed the face-to-face transactions made with Visa credentials in Latin America and the Caribbean during the months of March 2020 (prior to the implementation of health measures due to covid-19) and March 2022.

He identified an increase in the use of credentials for face-to-face transactions and in international transactions, that is, those carried out with credentials issued outside the country in which they were used.

He stated that the average growth in the number of international transactions made with Visa in the region doubled.

Destinations in Central America and the Caribbean had the highest growth in the number of international face-to-face transactions made with Visa: of the top 10 fastest growing destinations, nine are in this sub-region.

The Dominican Republic, Puerto Rico and Costa Rica occupied the first places in the classification, followed by El Salvador, Paraguay, Aruba, Honduras, Guatemala, Panama and Belize.

The Visa Consulting & Analytics consulting team also analyzed the countries with the highest number of unique credentials that made international transactions in March 2022 in Latin America and the Caribbean.

The countries and territories with the highest number of international visitors who made face-to-face transactions with Visa were Argentina, Puerto Rico, Brazil and Chile.