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Mexico: number of Codi transactions 2020-2021

Published by
Raynor de Best,
Jan 11, 2023
In April 2021, almost 287 thousand online money transfers were performed in Mexico using Codi, up from 50.18 thousand transactions registered in the same month of the previous year. Codi is a platform set up by the central bank in Mexico to stimulate the transition to a cashless economy. In the North American country, the share of cash used in payment transactions dropped around 11 percentage points in the last decade.

Number of transactions using Codi in Mexico from January 2020 to April 2021 (in 1,000s)

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Sources

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Release date

May 2021

Region

Mexico

Survey time period

January 2020 to April 2021

Supplementary notes

Figures were calculated by Statista based on the sum of daily figures provided by the source.

Codi stands for Cobro Digital, a digital payment platform launched by the central bank in Mexico at the end of 2019.

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