Wallets and other alternative payment methods were used the most in e-commerce in Colombia and Brazil, while payment cards were most often used in Ecuador. This is according to a distribution of e-commerce spending in 15 different countries in Latin America, separated by cards as opposed to other non-card digital payment methods. The 50 percent market share for alternative payments in Brazil is due to the sizable growth of Pix. Latin Americans across multiple countries use (credit) cards more often for online shopping than for offline purchases in brick-and-mortar stores.
Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country
Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru, Uruguay
Survey time period
2023
Special properties
the source listed the following "alternative" digital payment methods: Cash vouchers, digital wallets, Pix, bank transfers, buy now, pay later (BNPL), and "other methods"
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Payments and Commerce Market Intelligence (PCMI). (August 31, 2023). Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/
Payments and Commerce Market Intelligence (PCMI). "Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country." Chart. August 31, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/
Payments and Commerce Market Intelligence (PCMI). (2023). Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/
Payments and Commerce Market Intelligence (PCMI). "Distribution of Payment Cards - Credit Cards or Debit Cards - and Other Alternative Digital Payment Methods in E-commerce in Latin America in 2023, by Country." Statista, Statista Inc., 31 Aug 2023, https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/
Payments and Commerce Market Intelligence (PCMI), Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country Statista, https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/ (last visited November 23, 2024)
Distribution of payment cards - credit cards or debit cards - and other alternative digital payment methods in e-commerce in Latin America in 2023, by country [Graph], Payments and Commerce Market Intelligence (PCMI), August 31, 2023. [Online]. Available: https://www.statista.com/statistics/1416103/distribution-of-cards-versus-other-digital-payments-in-latin-america-by-country/
