E-commerce payment method breakdown in Latin America 2023, by country

Published by
F. Watty
,
May 5, 2025

In 2024, digital wallets constituted around 34 percent of all e-commerce transaction value in Argentina. In Mexico, credit cards represented approximately 34 percent of online transactions. Furthermore, the instant payment platform Pix has surged in popularity, leading to a significant rise in account-to-account (A2A) transfers, which have become the first most favored e-commerce payment method in Brazil.

Distribution of the e-commerce transaction value in selected Latin American countries in 2024, by payment method

CharacteristicDigital WalletsCredit cardsDebit cards + Prepaid cardsAccount-to-Account (A2A)Cash on DeliveryBuy Now Pay LaterOthers
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Showing entries 1 to 6 (6 entries in total)
Statistic: Distribution of the e-commerce transaction value in selected Latin American countries in 2024, by payment method

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Release date

March 2025

Region

LAC

Survey time period

2024

Supplementary notes

Figures may not add up to 100 percent due to rounding.

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Statistics on " E-commerce in Latin America "

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E-commerce in Latin AmericaSocial commerce in Latin AmericaOnline marketplaces in Latin AmericaE-commerce in BrazilE-commerce in Mexico
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