Latin America: favored payment methods for Christmas shopping 2019

According to a survey carried out in 2019, 37 percent of Latin Americans surveyed preferred cash when going Christmas shopping that year. Debit cards were the second favored payment methods among respondents, with 31 percent. That same year, only two percent of respondents surveyed in Latin America said that they plan to use electronic purse or gift vouchers during the Christmas shopping season of 2019.

Preferred payment channels for Christmas shopping in Latin America in 2019

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Source

Release date

December 2019

Region

Central and South America, Mexico

Survey time period

November 2019**

Number of respondents

1,507 respondents

Special properties

Survey carried out in Mexico, Colombia, Argentina, Costa Rica, and Peru

Supplementary notes

* The source makes a distinction between "tarjeta de crédito bancaria" and "tarjeta de crédito departamental". Figure includes both.
** The study was conducted during the last weeks of November 2019, including people from different income levels and age groups
The question was "¿Which of these payment channels will you use to do your shopping?" The wording chosen for the translation may slightly differ from the original.

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