TRENDING
In Mexico, this figure reaches 55 %. Not surprisingly, in these two countries, debit cards account for a larger share of online transaction volume than credit cards at 49 % compared to 27 % in Peru and 38 % versus 31 % in Mexico.
β However, itβ s worth noting that this share will likely decrease in some key economies from emerging markets such as Brazil and Colombia as alternative payment methods mature in these countries,β said Del Valle.
In Brazil, where Pix holds 40 % of the online sales volume, debit cards now account for only 1 % of digital commerce transaction value.
In Brazil, where Pix holds 40 % of the online sales volume, debit cards now account for only 1 % of digital commerce transaction value. p
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