Brazil: contactless spending

The value of payments made with a contactless or tap to pay payment option on cards in Brazil increased by over 187 percent between 2021 and 2022. The source adds that payments using NFT technology were largest for credit cards, which is not a surprise as credit cards are a popular payment method in the country for shopping in physical stores. Consequently, contactless payments in this country are an extension of an already popular payment method within the country.

Value of overall contactless transactions for payments in Brazil from 2018 to 2022 (in million Brazilian real, and estimates in U.S. dollars)

Characteristic	Transaction volume in million Brazilian real	Transaction volume in million U.S. dollars
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Release date

February 2023

More information

Region

Brazil

Survey time period

2018 to 2022

Special properties

includes credit cards, debit cards, and pre-paid cards. The source does not mention wearables or smartphones

Supplementary notes

The figures have been taken from several publications, as reported by the Brazilian Association of Credit Cards and Services (ABECS).

The USD figures have been calculated by Statista, based on Nat/USD annual averages from OECD.

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