CardNET ranks 23rd among Latin America's largest acquirers
A Dominican payments company climbs the regional rankings. Its transactions grew 14% in 2025, with more than 133,000 affiliated merchants.
Key points
- CardNET ranks 23rd among the 49 largest acquirers in Latin America, according to The Nilson Report.
- It is positioned as the number one acquirer in the Dominican Republic.
- Transactions processed grew 14% during 2025.
- It has more than 133,000 affiliated merchants in the country.
CardNET ranked 23rd among the 49 largest acquirers in Latin America, according to the latest ranking from The Nilson Report, an international firm specializing in research on the payments industry. The position also makes the Dominican company the number one acquirer in the Dominican Republic.
In 2025, CardNET recorded a 14% increase in the number of transactions processed compared with the previous year. Purchase volume grew 13%, results that, according to the company, strengthen its role in the regional payments ecosystem.
The company has more than 133,000 affiliated merchants spread across the country, through which it offers payment processing solutions.
Martín Cava, executive chairman of CardNET, said the ranking reflects the trust that merchants, financial institutions and consumers place in its platform every day. "We are proud that a Dominican company is among the leading acquirers in Latin America, demonstrating the strength and capacity of our country's payments ecosystem," he said.
Why it matters
The growth of local electronic payment companies reflects increasing digitization of purchases in the Dominican Republic.