Mexico: top payment methods for cross-border e-commerce 2020

Published by Stephanie Chevalier, Feb 22, 2021

Nearly half of online shoppers surveyed in Mexico in 2020 said they prefer to use debit cards when shopping online on international sites. Meanwhile, approximately 15 percent of respondents said bank transfers were their preferred payment method for international e-commerce. Additionally that year, digital shoppers in Mexico were projected to have spent over 12 billion U.S. dollars on e-commerce by using international credit cards.

Leading payment methods for cross-border e-commerce in Mexico in 2020

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Source

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Source

Release date

December 2020

More information

Region

Mexico

Survey time period

November 2 and 15, 2020

Number of respondents

3,280 Latin Americans who purchased from international online merchants*

Special properties

Multiple answers were possible

Supplementary notes

* The majority of the respondents were from Brazil, Mexico, Colombia, and Chile.

The source does not provide information regarding the age of respondents or type of study conducted.

This question was phrased by the source as follows: "What payment method(s) do you prefer to use for online shopping on international websites?"