All countries
Payment methods in Mexico
Here are the top takeaways you need to know about the Mexican e-commerce market:
- Mexicans buy almost 40% of all their online purchases using a mobile device such as a smartphone or tablet.
- The Mexican e-commerce market is worth US$48 billion, rising to US$70 billion by as early as 2027.
- Mexicans buy more than a third of their online purchases, worth US$16 billion, from merchants in other countries.
- The average Mexican online shopper spends US$464 a year with online merchants, rising to US$521 by 2027.
- Mexicans use alternative payment methods, something other than a card, in 45% of all their online transactions.
Population
Online Population
B2C E-commerce
Banked Population
Credit Card Population
E-commerce of Total Retail
Payment Method Breakdown
- Card 55%
- Cash 3%
- Bank Transfer 6%
- E-Wallet 27%
- Other 9%
[{"label":"Card","value":"55"},{"label":"Cash","value":"3"},{"label":"Bank Transfer","value":"6"},{"label":"E-Wallet","value":"27"},{"label":"Other","value":"9"}]
Payment Methods in Mexico
OXXO Pay
Cash
Consumer countries:
Mexico
,
OXXO Direct
Cash
Consumer countries:
Mexico
,
Visa
Local Card
Consumer countries:
ArgentinaBrazilChileColombiaMexicoPeru
,
Mastercard
Local Card
Consumer countries:
ArgentinaBrazilChileColombiaMexicoPeru
,
American Express
Local Card
Consumer countries:
ArgentinaBrazilChileColombiaMexicoPeru
,
Carnet
Local Card
Consumer countries:
Mexico
,
Card Scheme Breakdown
- Visa 64%
- Mastercard 35%
- American Express 0%
- Local schemes 0%
- Other 1%
[{"label":"Visa","value":"64"},{"label":"Mastercard","value":"35"},{"label":"American Express","value":"0"},{"label":"Local schemes","value":"0"},{"label":"Other","value":"1"}]
Cross-Border E-Commerce
71
Online shoppers who have shopped cross-border
36
Cross-border proportion of total e-commerce
15.7 bn
$US
Value of cross-border e-commerce
Top cross-border shopping origin markets