Latin America: contactless payment penetration 2020, by country

Published by Statista Research Department, May 29, 2024
In 2020, it was estimated that contactless payments made up to 50 percent of all face-to-face (F2F) spending volume in Chile and Costa Rica. Meanwhile, contactless payments accounted for only five percent of F2F spending in Brazil.

Share of contactless payments on face-to-face spending volume in selected countries in Latin America in 2020

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Sources

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Release date

February 2021

Region

LAC

Survey time period

2020

Special properties

estimates

Supplementary notes

* The value is higher than 50 percent
** The value is less than 10 percent

Various sources include: Associação Brasileira de Ensino de Ciências Sociais, BBVA, Visa, and Mastercard.

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Statistics on " Payments in Latin America "

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Other statistics that may interest you Payments in Latin America

Cash(less)

5

(Credit) cards

5

Issuers, acquirers, gateways

5

Alternative payment methods (APMs)

7

Cross-border payments

5

Remittances

7

Miscellaneous

7

Further related statistics

14

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