MexicoMarket Overview
Mexico presents a highly connected population, a dynamic market, and abundant growth opportunities
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Population: 129M *
With a vast population, Mexico still has untapped economic potential.
* Source: Worldometers 2024.
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eCommerce: 28.95B *
Mexico presents a significant market size with a large demand.
* Source: Mordorintelligence, 2024
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eShoppers: 64M *
Food delivery, fashion, and electronics are the most chosen categories when buying online.
* Source: AMI, 2022
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Internet users: 83% *
Online bank transfers play a huge role in the country's economy.
* Source: Datareportal, 2024.
Gain insight into Mexico's most relevant payment Methods
- 33% Credit Cards
- 27% eWallets
- 23% Debit Cards
- 8% Cash
- 6% Bank Transfer
- 2% Other
- 1% Buy now pay later (BNPL)
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Visa
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Mastercard
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American Express
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Carnet
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Wallets
Tackle all audiences.
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MercadoPago
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Cash-based payments
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OXXO
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S PayNet
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OXXO pay
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Bank Transfers
Count on a wide variety of options to drive conversion.
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SPEI
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Latest about Mexico
Visit Blog-
Oxxo – A Guide Through Mexico’s Preferred Cash Payment Method
Oxxo is Mexico’s preferred cash payment method. Oxxo allows eCommerce customers to generate payment vouchers and pay them in cash. Over 74% of the country's population uses digital commerce daily.
Read more
The ultimate Country Payment Handbook to embracing new opportunities in Mexico
Learn more about the payments system of the second-largest economy in Latin America.
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