Digital commerce transaction value Latin America

The transaction value is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by transaction value in the 'Digital Payments' segment of the fintech market is forecast to be led by South America with 445.1 billion U.S. dollars. In contrast, the ranking is trailed by Central America with 63.2 billion U.S. dollars, recording a difference of 381.9 billion U.S. dollars to South America.

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Transaction value of digital commerce in Latin America from 2020 to 2028, by region (in million U.S. dollars)

Characteristic	South America	Central America
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Digital Payments market segement is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point of sale (POS) via smartphone applications and cross-border money transfers made over the internet (digital remittances). Transaction value equals money transfers out of the selected region.

Structure:

The three markets in Digital Payments include Digital Commerce, Mobile PoS payments, and Digital Remittances.

Additional Information:

The market comprises transaction values, average transaction value per user, users and user penetration rates. Transaction values in the Digital Payments market segment refers to consumer transactions made via the Internet or mobile wallets.

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