Debit card transactions in Mexico in 2021 were worth nearly two trillion Mexican pesos, the highest value recorded since 2014. This meant a continued growth of the digital payment method in Latin American. Debit cards are not the most popular means of payment in Mexico, reaching a market share below cash for POS. The same applied to e-commerce, with both credit cards, as well as mobile wallets, being more popular choices for online shopping than debit cards.
Value of debit card transactions for payments in Mexico from 2012 to 2022
(in million Mexican pesos, and estimates in U.S. dollars)
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Statista. (February 26, 2024). Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/
Statista. "Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/
Statista. (2024). Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/
Statista. "Value of Debit Card Transactions for Payments in Mexico from 2012 to 2022 (in Million Mexican Pesos, and Estimates in U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/
Statista, Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/ (last visited November 21, 2024)
Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars) [Graph], Statista, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1364931/annual-value-of-debit-card-payments-mexico/
