Current trends within Latin America Online Payment Methods

When it comes to Latin America Online Payment Methods in our ever-connected world, it is obvious that, mobile payment usage is still at an early stage in this region, but is continuing to develop further.

Numerous findings and International consumer surveys show that credit cards are the top online payment method in Latin America and worldwide.

According to Research and Markets, about three-quarters of Brazilian online consumers prefer to make purchases with credit cards. In Argentina, credit cards are also on an exciting curve as used online payment method.

Mexico presents a different case; with PayPal as the top online payment method. Both PayPal and debit cards improved by a few percentage points in share of digital buyers from 2015 to 2016, while credit card decreased.