In 2023, credit cards constituted over 30 percent of all e-commerce transaction value in Argentina. In Peru, they represented approximately ten percent of online transactions. Furthermore, the instant payment platform Pix has surged in popularity, leading to a significant rise in account-to-account (A2A) transfers, which have become the second most favored e-commerce payment method in Brazil.
Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method
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Worldpay. (March 21, 2024). Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method [Graph]. In Statista. Retrieved January 20, 2025, from https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed
Worldpay. "Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method." Chart. March 21, 2024. Statista. Accessed January 20, 2025. https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed
Worldpay. (2024). Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method. Statista. Statista Inc.. Accessed: January 20, 2025. https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed
Worldpay. "Distribution of The E-commerce Transaction Value in Selected Latin American Countries in 2023, by Payment Method." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed
Worldpay, Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method Statista, https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed (last visited January 20, 2025)
Distribution of the e-commerce transaction value in selected Latin American countries in 2023, by payment method [Graph], Worldpay, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/256262/payment-methods-online-transactions-latin-america/?__sso_cookie_checker=failed