Annual debit card spending in Mexico 2012-2022, in local currency and USD

Published by
Raynor de Best,
Mar 18, 2024
Debit card transactions in Mexico in 2021 were worth nearly two trillion Mexican pesos, the highest value recorded since 2014. This meant a continued growth of the digital payment method in Latin American. Debit cards are not the most popular means of payment in Mexico, reaching a market share below cash for POS. The same applied to e-commerce, with both credit cards, as well as mobile wallets, being more popular choices for online shopping than debit cards.

Value of debit card transactions for payments in Mexico from 2012 to 2022 (in million Mexican pesos, and estimates in U.S. dollars)

© Statista 2024
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Release date

February 2024

Region

Mexico

Survey time period

2012 to 2022

Special properties

Cards issued by resident PSPs; No figures were provided from before 2012

Supplementary notes

All figures have been gathered and calculated by Statista, based on information from various sources. These include:

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Statistics on " Digital payment types in Mexico "

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Market share

6

Penetration

8

Biggest brands

7

Users

7

Transaction value

6

Number of transactions

7

Miscellaneous

7

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Topics

Digital payments landscape in MexicoMobile payments with digital walletsCrypto marketFintech in MexicoE-commerce in Latin America
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