PayPal adoption for online or in-store shopping in Mexico was higher in 2025 than it was in early 2020, further cementing it as a popular solution for consumers. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to the share of respondents who indicated they used PayPal in the last 12 months, either for POS transactions with a mobile device in stores and restaurants or for online shopping. *** out of 10 respondents from Mexico indicated they had used PayPal in a POS setting between July 2023 and June 2024 - with an additional ***** out of 10 saying they used PayPal during this same time for online payments.

PayPal was used more often for online payments in both Germany and Mexico than in the United States. This reveals itself when comparing two questions from Statista's Consumer Insights. Nearly **** out of 10 consumers from Germany replied they had used PayPal in a store or restaurant between January 2024 and December 2024 - with nearly * out of 10 stating they had used PayPal for online payments. Interestingly, the global user count of PayPal declined throughout 2023. How many PayPal users are there per country? PayPal does not share user figures on an individual country basis. Instead, tracking companies try to estimate where payment providers such as PayPal are the biggest. The country-by-country number of merchants who accept PayPal for online payments was the highest in the United States in 2022. Relatively speaking, however, German websites accepted PayPal more frequently than websites from other countries. Roughly one-third of global websites that offer PayPal at check-out were in the United States. Are wallets bigger than other payment methods available? Mobile wallets - the digital payments category PayPal belongs to, along with Apple Pay and Google Pay - are anticipated to make up more than **** of all e-commerce transaction value by 2026. Note that payment wallets differ significantly across the world. The market size of mobile wallets in Asia is expected to be nearly * times larger than that of North America by 2025. Super apps such as WeChat are at the heart of this movement, whereas PayPal is associated with the Western world.

We asked Mexican consumers about "Biggest e-commerce payment brands" and found that "PayPal" takes the top spot, while "Unipagos" is at the other end of the ranking.These results are based on a representative online survey conducted in 2024 among 705 consumers in Mexico. Looking to gain valuable insights about online payment users across the globe? Check out our

As of July 2019, 6.8 percent of devices from Mexico mobile app users had the payment app Samsung Pay installed on them, followed by Paypal and MercadoLibre's online sales payment platform Mercado Pago, with 1.9 percent and 1.7 percent respectively.

The Latin American real-time payments market is experiencing robust growth, driven by increasing smartphone penetration, expanding e-commerce adoption, and government initiatives promoting financial inclusion. The market's Compound Annual Growth Rate (CAGR) of 15.10% from 2019 to 2024 indicates significant momentum, projected to continue through 2033. Key players like ACI Worldwide, PayPal, Visa, and Mastercard are heavily invested, competing alongside regional and niche providers like Paysend and SafetyPay. The market is segmented primarily by payment type: Person-to-Person (P2P) and Person-to-Business (P2B), with P2P expected to maintain a larger share due to the region's growing informal economy and reliance on mobile money transfers. Brazil, Mexico, and Colombia represent the largest market segments within Latin America, fueled by a larger population base, higher levels of digital literacy, and advanced infrastructure. However, challenges remain, including inconsistent internet access in certain areas, varying levels of digital financial literacy across the population, and the need for robust cybersecurity measures to ensure transaction security. The continued focus on improving regulatory frameworks and strengthening infrastructure will be crucial for sustained market expansion. The forecast for the Latin American real-time payments market is positive. The sustained growth in e-commerce and mobile financial services will continue to drive market expansion. The increasing adoption of open banking APIs is expected to further fuel innovation and competition, leading to more sophisticated and user-friendly payment solutions. The expansion of real-time payment infrastructure into underserved regions will also contribute to market growth. However, regulatory uncertainties and potential economic fluctuations could influence the market's trajectory. Businesses operating in this market need to adapt to evolving consumer preferences, focus on providing secure and reliable services, and leverage data analytics to understand and cater to the specific needs of diverse regional markets within Latin America. The success of real-time payments in Latin America will depend on collaboration between governments, financial institutions, and technology providers to address remaining challenges and unlock the full potential of this rapidly growing market. Recent developments include: March 2022 - AstroPay, the online payment solution of choice of over five million users globally, announced the expansion of Payment Links across Latin America, now launching in Peru, Chile, Mexico, and Colombia. This is part of the company's plans to introduce it worldwide following the first launch in Brazil in December 2021. Payment Links is AstroPay's newest capability, designed for small and medium-sized enterprises (SMEs) to enable business owners to collect online and remote payments by simply sharing the link with their customers and get paid instantly, easily, and securely., November 2021 - Mastercard announced that it had acquired Arcus FI, an alum of the company's Start Path program, to support the delivery of bill pay solutions and other real-time payment applications across Latin America. With offices in New York and Mexico City, Arcus helps enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs, and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America. Its flagship solution, the Arcus Pay Network, has access to the largest retailers and a direct connection with many of the largest billers in Mexico.. Key drivers for this market are: Increasing Smartphone Penetration, Immediacy and Ease of Convenience of the Real Time Payments. Potential restraints include: Increasing Smartphone Penetration, Immediacy and Ease of Convenience of the Real Time Payments. Notable trends are: P2B Segment is Expected to Gain Significant Traction in the Market.

Over the last two observations, the number of users is forecast to significantly increase in all segments. The trend observed from 2020 to 2028 remains consistent throughout the entire forecast period. There is a continuous increase in the number of users across all segments. Notably, the Neobrokers segment achieves the highest value of 176.7 million users at 2028. Find further statistics on other topics such as a comparison of the average transaction value per user in Mexico and a comparison of the penetration rate in Spain. The Statista Market Insights cover a broad range of additional markets.

The Latin American Payment Gateway Market is experiencing robust growth, projected to reach $4.78 billion in 2025 and expand at a Compound Annual Growth Rate (CAGR) of 22.87% from 2025 to 2033. This surge is driven by the increasing adoption of e-commerce and digital transactions across Brazil, Argentina, Mexico, and the rest of Latin America. The rising smartphone penetration, coupled with a young and tech-savvy population, fuels demand for convenient and secure online payment solutions. Growth is further accelerated by the expansion of financial inclusion initiatives and government support for digital transformation. The market is segmented by type (hosted and non-hosted), enterprise size (SME and large enterprises), end-user industry (travel, retail, BFSI, media & entertainment, and others), and geography. Hosted payment gateways are likely to dominate due to their ease of integration and lower setup costs, particularly appealing to SMEs. The BFSI and retail sectors are key drivers, reflecting their significant online presence and transaction volumes. While Brazil, Argentina, and Mexico represent the largest markets, the "Rest of Latin America" segment is also demonstrating promising growth potential as digital infrastructure improves and adoption rates increase. Competitive pressures from established players like Amazon Payments, PayPal, Mercado Pago, and Ebanx, alongside the emergence of innovative fintech startups, contribute to a dynamic and rapidly evolving market landscape. Competition within the LATAM payment gateway market is intense, with established international players alongside strong regional competitors. This competitive landscape fosters innovation and drives down costs for businesses. However, challenges remain, including concerns about cybersecurity, varying levels of digital literacy across the region, and infrastructure limitations in some areas. Addressing these challenges through robust security measures, targeted educational programs, and continued investment in infrastructure will be crucial for sustaining the market's impressive growth trajectory. The market's future hinges on the ability of payment gateway providers to adapt to evolving consumer preferences, comply with increasingly stringent regulatory frameworks, and leverage advancements in technologies like mobile payments and blockchain. This will pave the way for seamless, secure, and accessible online transactions across the diverse LATAM landscape. Recent developments include: September 2024: Brazil's central bank unveiled 13 'development themes' as part of the second major phase of its central bank digital currency (CBDC) experimentation. Echoing a global trend, Banco Central do Brasil (BCB) has been delving into the potential launch of its CBDC, dubbed 'Drex,' collaborating with prominent technology and payments firms.July 2024: OCN, a Mexican fintech start-up, formerly OneCarNow, raised USD 86 million in a Series A funding round, blending equity and debt. The company focuses on delivering financial services to gig workers throughout the Americas.. Key drivers for this market are: Increased E-commerce Sales and High Internet Penetration Rate, Increased Demand for Mobile-based Payments; Growing Adoption of Payment Gateways in Retail. Potential restraints include: Increased E-commerce Sales and High Internet Penetration Rate, Increased Demand for Mobile-based Payments; Growing Adoption of Payment Gateways in Retail. Notable trends are: Increased E-commerce Sales and High Internet Penetration Rate.