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Payment methods in Argentina

Here are the top takeaways you need to know about the Argentine e-commerce market:

The Argentine e-commerce market is worth US$19 billion and will grow to a value of US$39 billion by 2027.
According to the latest figures, Argentines buy almost a fifth of their online purchases, worth US$2.2 billion, from merchants based outside the country.
Argentines buy almost a quarter of all e-commerce purchases using a mobile device, down from 50% during the pandemic.
Online shoppers in Argentina use cards and cash in under 60% of transactions, with digital payments used in the remainder.
The average Argentine online shopper spends US$329 a year with e-commerce merchants, rising to US$796 by 2027.

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Population

Online Population

B2C E-commerce

Banked Population

Credit Card Population

E-commerce of Total Retail

Payment Method Breakdown

Card 54%
Cash 4%
Bank Transfer 10%
E-Wallet 28%
Other 4%

[{"label":"Card","value":"54"},{"label":"Cash","value":"4"},{"label":"Bank Transfer","value":"10"},{"label":"E-Wallet","value":"28"},{"label":"Other","value":"4"}]

Payment Methods in Argentina

Visa Local Card Consumer countries:

Mastercard Local Card Consumer countries:

American Express Local Card Consumer countries:

Diners Local Card Consumer countries:

Naranja Local Card Consumer countries:

Cabal Local Card Consumer countries:

Card Scheme Breakdown

Visa 61%
Mastercard 29%
American Express 4%
Local schemes 5%
Other 1%

[{"label":"Visa","value":"61"},{"label":"Mastercard","value":"29"},{"label":"American Express","value":"4"},{"label":"Local schemes","value":"5"},{"label":"Other","value":"1"}]

Cross-Border E-Commerce

N/A

Online shoppers who have shopped cross-border

Cross-border proportion of total e-commerce

2.2 bn $US

Value of cross-border e-commerce

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Top cross-border shopping origin markets