Online Payment Trends for Mexico in 2025

As Latin America’s second-largest e-commerce market, Mexico is forecast to reach sales of USD 176.8 billion by 2025. Meanwhile, the Mexican association AMVO reports that 71% of Mexican internet users currently shop online. 

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As more Mexicans turn to online shopping, businesses must prioritize mobile-friendly websites, secure payment options, and streamlined checkout experiences to capitalize on this growing trend for 2025.

Mobile Commerce Takes Center Stage

Smartphones are at the forefront of Mexico’s e-commerce boom: 80% of Mexicans who shop online use their mobile devices to complete purchases, making mobile commerce a dominant force in the country.

Payment methods such as mobile wallets, QR codes, and app-based transactions are gaining traction among consumers seeking fast, secure, and convenient payment solutions.

The Evolution of Payment Methods

Offering diverse payment options is essential to meet Mexican consumers’ preferences. 

A study by AMVO highlights the payment methods shaping Mexico’s e-commerce landscape in 2025:

1. Credit and Debit Cards: Credit cards are still the most popular choice, accounting for 55% of online transactions. Many Mexican consumers also favor credit card installment plans, enabling them to spread the cost of higher-value purchases over several months.
2. Digital Wallets and Mobile Payments: In 2025, digital wallets are projected to account for over 30% of e-commerce payments, thanks to their convenience and enhanced security features.
3. Cash-Based Payments: Despite the rise of digital methods, cash remains significant in Mexico. Systems like OXXO Pay allow consumers to complete online purchases by paying in cash at convenience stores, catering to those without bank accounts or credit cards.
4. Open Banking and Instant Transfers: Initiatives like CoDi, the government-backed digital payment platform, are driving growth in instant transfers. CoDi enables Mexicans to make real-time payments via QR codes, offering a free and accessible alternative to traditional banking services.

Cross-Border E-commerce Gaining Momentum

Mexican consumers are increasingly shopping internationally, with cross-border e-commerce expected to grow by 22% in 2025. 

Localizing payment options is critical to building trust and ensuring smooth cross-border transactions. Merchants tapping into Mexico’s cross-border market must offer familiar payment methods, transparent pricing in pesos, and robust fraud prevention tools to attract and retain customers.

Empower Your Business In LATAM with CommerceGate

To stay competitive in Mexico’s digital economy, merchants need reliable local payment solutions that address consumer preferences, like:

• Flexible Payment Options: Enable credit card installments, support for digital wallets, and compatibility with CoDi for real-time payments.
• Mobile-Optimized Solutions: Ensure seamless transactions on smartphones, meeting the needs of Mexico’s mobile-first consumers.
• Advanced Fraud Prevention: Leverage AI-driven tools to detect and prevent fraudulent activities, ensuring secure transactions for merchants and customers.

By partnering with CommerceGate, businesses can unlock the full potential of Mexico’s e-commerce market, offering a seamless shopping experience while protecting their operations from evolving threats.

As Mexico continues to embrace digital transformation, businesses that prioritize consumer-centric payment strategies will thrive. Stay ahead of the curve with CommerceGate, and position your business to succeed in Mexico’s dynamic e-commerce ecosystem. Get in touch and learn more!