Mexico eCommerce Market

Latin America’s second most powerful market for eCommerce

Merchants accepting local payment methods increase Mexico reach up to 40% their sales. Learn more about Mexico’s eCommerce market, and it’s unique advantages.

Market Overview Mexico

Population - 121M

The second largest economy in Latin America.

eCommerce - $22B

Mexico's eCommerce market is expected to reach $48B by 2021.

eShoppers - 18M

86% of the eCommerce purchases are domestic.

Internet penetration - 70%

Mobile eCommerce continues expanding with already 70% of internet penetration.

Mexico’s eCommerce payment mix

Improve your payment acceptance by offering local payment methods in Mexico.

International credit card 41 %
Debit cards 24 %
Cash payments 20 %
Domestic credit cards 2 %
Bank transfers 2 %
Others 11 %
Learn more about OXXO in Mexico

Gain insight into Mexico’s most relevant payment methods

Local payments, like OXXO, are essential to boost your sales in Mexico

Cash

OXXO is the number one cash payment method, generating 20% of the eCommerce sales

OXXO

Online bank transfers

Online bank transfers through SPEI (Sistema de Pago Electrónico Interbancario) give an easy and fast solution to all Mexican users

SPEI
BBVA Bancomer
Santander
Banorte

Credit & Debit Cards

More than 65% of Mexico’s eCommerce purchases are through different card schemes.

Mastercard
American Express
VISA
VISA Debit
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Download our Mexico Country Guide

Learn everything you need to know about the eCommerce payments landscape in Mexico in our straight-to-the-point country guide.

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