Digital payments refer to any form of cashless payment, or payments conducted without banknotes or coins, in an online or offline environment. Such payments can include mobile payments - digital payments performed on a mobile device - but also relatively new trends like buy now, pay later (BNPL), cryptocurrency, or instant (real-time) payments. Out of all these digital options, which developments are noteworthy to know about for Mexico?
Digital payments landscape in Mexico - statistics & facts
Digital payments refer to any form of cashless payment, or payments conducted without banknotes or coins, in an online or offline environment. Such payments can include mobile payments - digital payments performed on a mobile device - but also relatively new trends like buy now, pay later (BNPL), cryptocurrency, or instant (real-time) payments. Out of all these digital options, which developments are noteworthy to know about for Mexico?
Key insights
- Forecasted number of digital payment transactions in Latin America
- 72.2bn
Detailed statistics
Number of digital payments worldwide by region 2013-2021, with forecasts to 2026
- Credit card penetration in Mexico
- 9.5%
Detailed statistics
Credit card penetration in 161 countries worldwide 2011, 2014, 2017, 2021
- Buy now, pay later market share in domestic e-commerce in Mexico
- 1%
Detailed statistics
Buy now, pay later (BNPL) share in e-commerce in 41 countries worldwide 2016-2022
Editor’s Picks Current statistics on this topic
Current statistics on this topic
Related topics
Recommended statistics
Market share
6
- Premium Statistic Annual level of cash payments in Mexico 2012-2021
- Premium Statistic Annual currency in circulation (CIC) to GDP ratio of Mexico 2012-2021
- Premium Statistic Most popular in-store payment methods in Mexico 2017-2022
- Premium Statistic Payments at points of sale by type in Mexico 2023
- Premium Statistic Most popular e-commerce payment methods in Mexico 2016-2022
- Premium Statistic Most common online payments by type in Mexico 2023
Market share
-
Premium Statistic
Annual level of cash payments in Mexico 2012-2021
Annual level of cash payments in Mexico 2012-2021
Share of cash estimate at point of sale (POS) in Mexico from 2012 to 2021
-
Premium Statistic
Annual currency in circulation (CIC) to GDP ratio of Mexico 2012-2021
Annual currency in circulation (CIC) to GDP ratio of Mexico 2012-2021
Share of currency in circulation (CIC) to the nominal GDP of Mexico from 2012 to 2021
-
Premium Statistic
Most popular in-store payment methods in Mexico 2017-2022
Most popular in-store payment methods in Mexico 2017-2022
Market share of cash, credit cards, and other payment methods at point of sale (POS) in Mexico in 2017, 2019, 2020, 2021, and 2022
-
Premium Statistic
Payments at points of sale by type in Mexico 2023
Payments at points of sale by type in Mexico 2023
Payments at points of sale by type in Mexico as of June 2023
-
Premium Statistic
Most popular e-commerce payment methods in Mexico 2016-2022
Most popular e-commerce payment methods in Mexico 2016-2022
Market share of credit cards, wallets, BNPL, and other payment methods in e-commerce in Mexico from 2016 to 2022
-
Premium Statistic
Most common online payments by type in Mexico 2023
Most common online payments by type in Mexico 2023
Most common online payments by type in Mexico as of June 2023
Penetration
7
- Premium Statistic Penetration rate of credit cards in Mexico 2013-2028
- Premium Statistic Penetration rate of debit cards in Mexico 2013-2028
- Premium Statistic Mobile payments by situation in Mexico 2022
- Premium Statistic Weekly consumer searches for "QR Code" topic on Google in Mexico 2018-2023
- Premium Statistic Payment types accepted by e-commerce vendors in Mexico between 2022 and 2024
- Premium Statistic Annual crypto adoption development in Mexico 2020-2022, by metric
- Premium Statistic Instant payment share in payment transactions in Mexico in 2022 and 2027
Penetration
-
Premium Statistic
Penetration rate of credit cards in Mexico 2013-2028
Penetration rate of credit cards in Mexico 2013-2028
Penetration rate of credit cards in Mexico from 2013 to 2028
-
Premium Statistic
Penetration rate of debit cards in Mexico 2013-2028
Penetration rate of debit cards in Mexico 2013-2028
Penetration rate of debit cards in Mexico from 2013 to 2028
-
Premium Statistic
Mobile payments by situation in Mexico 2022
Mobile payments by situation in Mexico 2022
Mobile payments by situation in Mexico in 2022
-
Premium Statistic
Weekly consumer searches for "QR Code" topic on Google in Mexico 2018-2023
Weekly consumer searches for "QR Code" topic on Google in Mexico 2018-2023
Search interest of consumers in the search topic "QR Code" in Mexico from March 2018 to March 2023
-
Premium Statistic
Payment types accepted by e-commerce vendors in Mexico between 2022 and 2024
Payment types accepted by e-commerce vendors in Mexico between 2022 and 2024
Current and future implementation of selected digital payments in e-commerce in Mexico as of February 2022
-
Premium Statistic
Annual crypto adoption development in Mexico 2020-2022, by metric
Annual crypto adoption development in Mexico 2020-2022, by metric
Crypto Adoption Index ranking of Mexico from 2020 to 2022, by metric
-
Premium Statistic
Instant payment share in payment transactions in Mexico in 2022 and 2027
Instant payment share in payment transactions in Mexico in 2022 and 2027
Market share of real time payments within overall payment transactions in Mexico in 2022, with a forecast for 2027
Biggest brands
5
- Premium Statistic Visa, Mastercard market share in Mexico 2016-2021
- Premium Statistic Most used mobile payments by brand in Mexico 2023
- Premium Statistic Most used online payments by brand in Mexico 2023
- Premium Statistic Key buy now pay, later apps in Mexico 2015-2023, based on quarterly downloads
- Premium Statistic Key crypto wallets in Mexico 2015-2023, based on quarterly downloads
Biggest brands
-
Premium Statistic
Visa, Mastercard market share in Mexico 2016-2021
Visa, Mastercard market share in Mexico 2016-2021
Biggest payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Mexico from 2016 to 2021
-
Premium Statistic
Most used mobile payments by brand in Mexico 2023
Most used mobile payments by brand in Mexico 2023
Most used mobile payments by brand in Mexico as of June 2023
-
Premium Statistic
Most used online payments by brand in Mexico 2023
Most used online payments by brand in Mexico 2023
Most used online payments by brand in Mexico as of June 2023
-
Premium Statistic
Key buy now pay, later apps in Mexico 2015-2023, based on quarterly downloads
Key buy now pay, later apps in Mexico 2015-2023, based on quarterly downloads
Biggest buy now, pay later (BNPL) apps in Mexico from 1st quarter of 2015 up until 1st quarter of 2023, by number of downloads
-
Premium Statistic
Key crypto wallets in Mexico 2015-2023, based on quarterly downloads
Key crypto wallets in Mexico 2015-2023, based on quarterly downloads
Biggest wallets for cryptocurrency storage in Mexico from 1st quarter of 2015 up until 1st quarter of 2023, by number of downloads
Users
6
- Premium Statistic Annual credit card and debit cards issued in Mexico 2012-2021
- Premium Statistic Credit card penetration in Mexico in 2011, 2014, and 2017, by demographic
- Premium Statistic Debit card penetration in Mexico in 2011, 2014, and 2017, by demographic
- Premium Statistic Quarterly number of crypto users in Mexico 2021-2022
- Premium Statistic Crypto adoption in Mexico as of November 2022, by age and gender
- Premium Statistic Annual number of users of instant payment scheme CoDi in Mexico 2019-2022
Users
-
Premium Statistic
Annual credit card and debit cards issued in Mexico 2012-2021
Annual credit card and debit cards issued in Mexico 2012-2021
Total number of credit cards and debit cards in circulation in Mexico from 2012 to 2021
-
Premium Statistic
Credit card penetration in Mexico in 2011, 2014, and 2017, by demographic
Credit card penetration in Mexico in 2011, 2014, and 2017, by demographic
Share of individuals who own a credit card in Mexico from 2011 to 2017, by age, gender, and income level
-
Premium Statistic
Debit card penetration in Mexico in 2011, 2014, and 2017, by demographic
Debit card penetration in Mexico in 2011, 2014, and 2017, by demographic
Share of individuals who own a debit card in Mexico from 2011 to 2017, by age, gender, and income level
-
Premium Statistic
Quarterly number of crypto users in Mexico 2021-2022
Quarterly number of crypto users in Mexico 2021-2022
Estimated number of people who hold or trade cryptocurrency in Mexico from 4th quarter of 2021 to 4th quarter of 2022
-
Premium Statistic
Crypto adoption in Mexico as of November 2022, by age and gender
Crypto adoption in Mexico as of November 2022, by age and gender
Crypto ownership among consumers in Mexico in the three months prior to November 2022, by age and gender
-
Premium Statistic
Annual number of users of instant payment scheme CoDi in Mexico 2019-2022
Annual number of users of instant payment scheme CoDi in Mexico 2019-2022
Number of accounts that made at least one payment with real time payment scheme CoDi in Mexico from 2019 to 2022
Transaction value
6
- Premium Statistic Annual credit card spending in Mexico 2012-2021, in local currency and USD
- Premium Statistic Annual debit card spending in Mexico 2012-2021, in local currency and USD
- Premium Statistic Global QR payment market size in 2020 with forecasts to 2025, by region
- Premium Statistic Mobile payment market size in 4 countries in the Americas in 2020, with 2025 forecast
- Premium Statistic Buy now, pay later (BNPL) market size in Mexico in 2022, with a 2028 forecast
- Premium Statistic Annual instant payment spending in Mexico 2019-2023, in local currency and USD
Transaction value
-
Premium Statistic
Annual credit card spending in Mexico 2012-2021, in local currency and USD
Annual credit card spending in Mexico 2012-2021, in local currency and USD
Value of credit card transactions for payments in Mexico from 2012 to 2021 (in million Mexico pesos, and estimates in U.S. dollars)
-
Premium Statistic
Annual debit card spending in Mexico 2012-2021, in local currency and USD
Annual debit card spending in Mexico 2012-2021, in local currency and USD
Value of debit card transactions for payments in Mexico from 2012 to 2021 (in million Mexican pesos, and estimates in U.S. dollars)
-
Premium Statistic
Global QR payment market size in 2020 with forecasts to 2025, by region
Global QR payment market size in 2020 with forecasts to 2025, by region
Market size of QR code transactions in various regions worldwide in 2020 with forecasts from 2021 to 2025 (in billion U.S. dollars)
-
Premium Statistic
Mobile payment market size in 4 countries in the Americas in 2020, with 2025 forecast
Mobile payment market size in 4 countries in the Americas in 2020, with 2025 forecast
Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars)
-
Premium Statistic
Buy now, pay later (BNPL) market size in Mexico in 2022, with a 2028 forecast
Buy now, pay later (BNPL) market size in Mexico in 2022, with a 2028 forecast
Estimated transaction value of buy now, pay later (BNPL) in Mexico in 2022, with forecasts for 2023 and 2028 (in million U.S. dollars)
-
Premium Statistic
Annual instant payment spending in Mexico 2019-2023, in local currency and USD
Annual instant payment spending in Mexico 2019-2023, in local currency and USD
Value of real time payments in Mexico with local scheme CoDi from 2019 to 2022 (in million Mexican pesos, and estimates in U.S. dollars)
Number of transactions (per user)
6
- Premium Statistic Annual number of credit card transactions in Mexico 2012-2021, per capita
- Premium Statistic Annual number of debit card transactions in Mexico 2012-2021, per capita
- Premium Statistic Annual number of instant payment transactions in Mexico 2019-2022, per capita
- Premium Statistic Size of a credit card transaction in Mexico 2012-2021, in local currency and USD
- Premium Statistic Size of a debit card transaction in Mexico 2012-2021, in local currency and USD
- Premium Statistic Size of an instant payment transaction in Mexico 2019-2022, in local currency and USD
Number of transactions (per user)
-
Premium Statistic
Annual number of credit card transactions in Mexico 2012-2021, per capita
Annual number of credit card transactions in Mexico 2012-2021, per capita
Total number of credit card transactions processed for payments in Mexico from 2012 to 2021
-
Premium Statistic
Annual number of debit card transactions in Mexico 2012-2021, per capita
Annual number of debit card transactions in Mexico 2012-2021, per capita
Total number of debit card transactions processed for payments in Mexico from 2012 to 2021
-
Premium Statistic
Annual number of instant payment transactions in Mexico 2019-2022, per capita
Annual number of instant payment transactions in Mexico 2019-2022, per capita
Total number of real-time payment transactions in Mexico with local scheme CoDi from 2019 to 2022
-
Premium Statistic
Size of a credit card transaction in Mexico 2012-2021, in local currency and USD
Size of a credit card transaction in Mexico 2012-2021, in local currency and USD
Average value of a credit card transaction in Mexico from 2012 to 2021 (in Mexican pesos, and estimates in U.S. dollars)
-
Premium Statistic
Size of a debit card transaction in Mexico 2012-2021, in local currency and USD
Size of a debit card transaction in Mexico 2012-2021, in local currency and USD
Average value of a debit card transaction in Mexico from 2012 to 2021 (in Mexican pesos, and estimates in U.S. dollars)
-
Premium Statistic
Size of an instant payment transaction in Mexico 2019-2022, in local currency and USD
Size of an instant payment transaction in Mexico 2019-2022, in local currency and USD
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)
Miscellaneous
7
- Premium Statistic POS terminals in Mexico 2012-2021
- Premium Statistic Unbanked population in Mexico in 2011, 2014, and 2017, by demographic
- Premium Statistic Internet users in Mexico 2013-2028
- Premium Statistic Mobile internet usage reach in Mexico 2013-2028
- Premium Statistic Retail e-commerce revenue in Mexico 2017-2027
- Premium Statistic Main cross-border online shopping markets in Mexico 2022, by market share
- Premium Statistic Annual outgoing and incoming remittance flow in Mexico 2021, by country
Miscellaneous
-
Premium Statistic
POS terminals in Mexico 2012-2021
POS terminals in Mexico 2012-2021
Total number of POS terminals provided in Mexico from 2012 to 2021
-
Premium Statistic
Unbanked population in Mexico in 2011, 2014, and 2017, by demographic
Unbanked population in Mexico in 2011, 2014, and 2017, by demographic
Share of individuals who are unbanked, as they do not have access to an account at a financial institution, in Mexico from 2011 to 2017, by age, gender, and income level
-
Premium Statistic
Internet users in Mexico 2013-2028
Internet users in Mexico 2013-2028
Number of internet users in Mexico from 2013 to 2028 (in millions)
-
Premium Statistic
Mobile internet usage reach in Mexico 2013-2028
Mobile internet usage reach in Mexico 2013-2028
Mobile internet usage penetration in Mexico from 2013 to 2028
-
Premium Statistic
Retail e-commerce revenue in Mexico 2017-2027
Retail e-commerce revenue in Mexico 2017-2027
Retail e-commerce revenue in Mexico from 2017 to 2027 (in billion U.S. dollars)
-
Premium Statistic
Main cross-border online shopping markets in Mexico 2022, by market share
Main cross-border online shopping markets in Mexico 2022, by market share
Leading countries for cross-border online purchases in Mexico in 2022, by market share
-
Premium Statistic
Annual outgoing and incoming remittance flow in Mexico 2021, by country
Annual outgoing and incoming remittance flow in Mexico 2021, by country
Value of remittances sent from/to Mexico to/from other countries or territories worldwide in 2021 (in million U.S. dollars)
Further reportsGet the best reports to understand your industry
Get the best reports to understand your industry
Contact
Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager– Contact (United States)
Mon - Fri, 9am - 6pm (EST)
Yolanda Mega
Operations Manager– Contact (Asia)
Mon - Fri, 9am - 5pm (SGT)
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Mon - Fri, 10:00am - 6:00pm (JST)
Lodovica Biagi
Director of Operations– Contact (Europe)
Mon - Fri, 9:30am - 5pm (GMT)
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Mon - Fri, 9am - 6pm (EST)