Mexico payment methods, processors, and ecommerce market

Market Overview

Mexico presents a highly connected population, a dynamic market, and abundant growth opportunities

Population: 132.2M *

With a vast population, Mexico still has untapped economic potential.

* Source: Worldometers 2024.
eCommerce: 96.7B *

Mexico presents a significant market size with a large demand.

* Source: Mordorintelligence, 2024
eShoppers: 64M *

Food delivery, fashion, and electronics are the most chosen categories when buying online.

* Source: AMI, 2022
Internet users: 83.2% *

Online bank transfers play a huge role in the country's economy.

* Source: Datareportal, 2024.

Credit and debit cards

Play like a local by offering traditional payment methods.
- Visa
- Mastercard
- American Express
- Carnet
Wallets
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Tackle all audiences.
- MercadoPago
Cash-based payments
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- OXXO
- S PayNet
- OXXO pay
Bank Transfers
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Count on a wide variety of options to drive conversion.
- SPEI
Buy Now, Pay later
- Kueski
- DiDi Paga Después

August 04, 2023
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.
Learn more