Debit card purchases in Mexico averaged roughly 850 Mexican pesos, or about 42 dollars, in 2022 - a value that was 130 pesos higher than in 2021. This is according to estimates based on the overall value of instant payment transactions made with the domestic scheme CoDi against the number of transactions within the country. CoDi is seen as a major attempt by the Mexican central bank to turn Mexico into a cashless society. The average transaction value of credit cards in Mexico was significantly lower than CoDi, however, which could indicate credit cards are overall more popular or have a lower threshold for Mexicans.
Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022
(in Mexican pesos, and estimates in U.S. dollars)
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Statista. (March 15, 2023). Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022 (in Mexican pesos, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/
Statista. "Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022 (in Mexican pesos, and estimates in U.S. dollars)." Chart. March 15, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/
Statista. (2023). Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022 (in Mexican pesos, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/
Statista. "Average Value of a Real Time Payment Transaction with Local Scheme Codi in Mexico from 2019 to 2022 (in Mexican Pesos, and Estimates in U.S. Dollars)." Statista, Statista Inc., 15 Mar 2023, https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/
Statista, Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022 (in Mexican pesos, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/ (last visited December 22, 2024)
Average value of a real time payment transaction with local scheme CoDi in Mexico from 2019 to 2022 (in Mexican pesos, and estimates in U.S. dollars) [Graph], Statista, March 15, 2023. [Online]. Available: https://www.statista.com/statistics/1372805/average-real-time-payment-spend-per-transaction-in-mexico/
