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Mexico country report PPRO
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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"}]

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