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Mexico

Mobile commerce payments make up 34% of transactions in Mexico, which has the highest smartphone usage in Latin America. With only around two-thirds of the population having bank accounts, mobile wallets have a huge impact on financial access for Mexicans.

Mexico flag

Population

126,705,138

Banked Population:

36.93%

Group 427321246

Main industries

Automotive, Maquiladora, Food, Electronics, and Oil

Group 427321247

Main imports

Integrated Circuits, Motor Vehicles (parts & accessories), Refined Petroleum, Office Machine Parts, and Telephones

Group 427321248

Main exports

Cars, Computers, Motor Vehicles (parts & accessories), Delivery Trucks, and Crude Petroleum

GDP stats

$10,045.7

Per capita (USD)

4.7%

Growth annually

15

World ranking

Internet usage

72%

Smartphone usage

63%

Credit/debit card usage

27%

Population transacting electronically

32%

Group 427321245 1

Total volume of digital payments projected to reach

$85.99B (USD)

Payment Methods in Mexico

All
  • All Methods
  • ONLINE
  • Cash

Santander Mexico

Online

SPEI

Online

Caja Tacna

Online

Caja Trujillo

Online

Farmacias Santa Maria

Cash

HSBC Mexico Cash

Cash

PayNet

Cash

OXXO

Cash

Scotiabank Mexico Cash

Cash

Santander Mexico Cash

Cash

Soriana

Cash

BBVA Bancomer

Online

BBVA Continental

Online

Banco Santander

Online

Caja Arequipa

Online

Caja Huancayo

Online

HSBC Mexico

Online

Interbank

Online

Scotiabank Mexico

Online

Scotiabank Peru

Online

Banco Azteca

Cash

BBVA Bancomer Cash

Cash

Banorte

Cash

Calimax

Cash

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