Latin America is experiencing a historic shift from cash to digital payments — and it’s accelerating fast. In 2024 alone, Brazil’s Pix processed 64 billion real-time transactions, mobile wallets outpaced debit cards in some countries, and over 3,000 fintechs served a growing digital-first population. By 2030, digital payments are expected to account for nearly two thirds of all e-commerce and half of POS transactions across the region.
What’s fueling this transformation? A powerful mix of fintech innovation, mobile-first adoption and government-backed infrastructure that’s expanding access to financial tools for millions of people — especially in underserved communities.
Inside the report, you’ll learn:
How digital payments are overtaking cash across Latin America
Why mobile wallets are becoming the go-to tool for consumers
What Brazil’s Pix system reveals about the future of real-time payments
How governments and fintechs are driving inclusion — and where the gaps remain
Where opportunities lie for financial providers and embedded finance platforms
Whether you’re a payments leader, platform provider or innovation strategist, this report offers actionable insights to help you understand the future of financial services in one of the world’s fastest-growing digital economies.