All countries
Payment methods in Mexico
Here are the top takeaways you need to know about the Mexican e-commerce market:
- The Mexican e-commerce market is worth US$68 billion, rising to US$96 billion by 2029.
- The average Mexican online shopper will spend US$563 in 2025 with online merchants, rising to US$703 by 2029.
- The number of users in the Mexican e-commerce market is expected to amount to 118.2 million by 2029.
- Over 20% of e-commerce transactions in Mexico happen via e-wallet, with another 21% carried out by bank transfer.
Population
Online Population
B2C E-commerce
Banked Population
Credit Card Population
E-commerce of Total Retail
Payment Method Breakdown
- Card 48%
- Cash 3%
- Bank Transfer 21%
- E-Wallet 21%
- Other 7%
[{"label":"Card","value":"48"},{"label":"Cash","value":"3"},{"label":"Bank Transfer","value":"21"},{"label":"E-Wallet","value":"21"},{"label":"Other","value":"7"}]
Payment Methods in Mexico
Oxxo Pay
Cash based
Consumer countries:
Mexico
,
Oxxo Batch
Cash based
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 60%
- Mastercard 39%
- American Express 0%
- Local schemes 0%
- Other 1%
[{"label":"Visa","value":"60"},{"label":"Mastercard","value":"39"},{"label":"American Express","value":"0"},{"label":"Local schemes","value":"0"},{"label":"Other","value":"1"}]