Latin America: e-commerce spending CAGR 2020-2023, by payment method
most used payment method in Latin America by 2023. Credit card spending was forecast to grow by 16 percent, followed closely by bank transfers and wallets at 14 percent.
E-commerce spending through debit cards was expected to show the highest compound annual growth rate (CAGR) between 2020 and 2023, becoming the second