Top POS and e-commerce payment methods for big-ticket items in LATAM 2022
Latin American consumers overwhelmingly preferred credit cards for big-ticket purchases in 2022, be they in face-to-face situations or in online shopping. This is according to a consumer survey held in August and September 2022, that asked consumers in 13 countries worldwide about their payment preferences. The source does not clarify how many and which of these countries come from Latin America. There is also no indication of how large a big-ticket product or service exactly is – although the source states this includes appliances, travel, and home repair. Consumers across the world tend to prefer payment cards for larger transactions, although the Americas leaned more towards credit cards than consumers from Europe and Asia-Pacific.