Argentina
In 2023, credit cards represented 39% of e-commerce payments and digital wallets accounted for 38%. By 2027, digital wallets are projected to lead at 59%, while credit cards will decline to 25%.
Start expandingAccepting payments in Argentina
Access to all banks in Argentina for deposits and payouts
Key factors driving growth
A mature market with growing e-commerce and digital wallet use, Argentina offers strong infrastructure and mobile-first adoption rates.
Argentina’s e-commerce market is expected to grow 22% between 2023 and 2026, driven by digital adoption and mobile-first behaviours (PCMI).
Digital wallets now account for 23% of online sales, making them Argentina’s second-most popular payment method. By 2027, they’re expected to dominate 59% of the market, surpassing credit cards.
Argentina in the rise of mobile payments and e-commerce
Why offer localised payment solutions in Argentina?
Argentina ranks as one of the fastest-growing
e-commerce markets in Latin America, with a growth rate of over 75% in recent years.
Local payment methods have a higher trust factor, reducing cart abandonment rates and improving customer loyalty.
The future of digital payments in Argentina
As Argentina's digital economy continues to expand, online payments' future looks promising and transformative. With rising internet penetration, increased smartphone usage, and a shift toward e-commerce, Argentina is witnessing rapid changes in how consumers and businesses interact with payment systems.
From the growth of digital wallets to the introduction of innovative banking systems, the payment landscape is evolving remarkably, driven by technological advancements, economic shifts, and changing consumer behaviours.
At Payfuture, we empower businesses to thrive in Argentina's dynamic digital economy by offering seamless payment integration solutions tailored to the local market. Our platform supports popular payment methods, ensuring higher approval rates and a frictionless payment experience for your customers.
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