Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025
(in million U.S. dollars)
Characteristic
2020
2025
CAGR (%)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
You need a ÌÇÐÄÆƽâ°æ Account for unlimited access
The source did not provide figures for other Latin American countries - such as Argentina or Colombia; The source excluded P2P wallets or wallets that can only be used on a single website or app."
Supplementary notes
The source explicitly states that "we look (...) only for open wallets, ie those that have the ability to make payments on multiple sites, rather than in reference to an ability to transfer funds between different wallets. Thus we do not focus on transactions conducted via cards stored by a retailer purely for use on that retailer’s website or mobile app."
Citation formats
Mobile payment market size in 4 countries in the Americas in 2020, with 2025 forecast
Mobile payments in Brazil and Mexico are expected to grow at a faster pace than in the United States or Canada come 2025. Somewhat unsurprising, the transaction volume in the U.S. was much higher than the other countries the source mentioned from the Americas. Proximity mobile payment adoption compared to other individual countries in the world was relatively high in both the United States and Canada. The compound annual growth (CAGR) between 2020 and 2025, however, was especially high for Brazil, reinforcing a trend that mobile payment use in Latin America is set to increase in the coming years.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Website (Boku). (July 9, 2021). Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 15, 2026, from /statistics/1270588/mobile-payment-transaction-forecast-americas/
Website (Boku). "Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars)." Chart. July 9, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 15, 2026. /statistics/1270588/mobile-payment-transaction-forecast-americas/
Website (Boku). (2021). Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 15, 2026. /statistics/1270588/mobile-payment-transaction-forecast-americas/
Website (Boku). "Transaction Volume of Mobile Payments in Selected Countries in North America and Latin America in 2020 with a Forecast for 2025 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jul 2021, /statistics/1270588/mobile-payment-transaction-forecast-americas/
Website (Boku), Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1270588/mobile-payment-transaction-forecast-americas/ (last visited July 15, 2026)
Transaction volume of mobile payments in selected countries in North America and Latin America in 2020 with a forecast for 2025 (in million U.S. dollars) [Graph], Website (Boku), July 9, 2021. [Online]. Available: /statistics/1270588/mobile-payment-transaction-forecast-americas/
