All figures provided are estimates, and have been taken from different reports
Supplementary notes
The source did not separate between countries – it only provided regional numbers for Latin America as a whole. It also did not provide more in-depth figures on the exact type of cross-border payments or remittances, such as what goods or services are exactly paid for.
Citation formats
Annual B2B, B2C, C2B cross-border payments and remittances revenue in LATAM 2014-2024
Commercial cross-border payment transactions in Latin America declined by almost * U.S. dollars between 2022 and 2023, while consumers remained stable. The source does not explain why this is the case, although it should be noted that each year represents its own data model, meaning revisions made for 2023 might have led to lower results compared to the model used for 2022. The United States-Mexico payments corridor is regarded as the largest in the world. The source adds that the highest global growth after 2022 is expected in C2B cross-border, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.
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ÌÇÐÄÆƽâ°æ, & McKinsey & Company. (September 23, 2025). Total cross-border payments revenue – B2B, B2C, C2B, remittances – in Latin America (LATAM) from 2014 to 2024 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1418524/latin-america-cross-border-payments-by-channel/
ÌÇÐÄÆƽâ°æ, und McKinsey & Company. "Total cross-border payments revenue – B2B, B2C, C2B, remittances – in Latin America (LATAM) from 2014 to 2024 (in billion U.S. dollars)." Chart. September 23, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1418524/latin-america-cross-border-payments-by-channel/
ÌÇÐÄÆƽâ°æ, McKinsey & Company. (2025). Total cross-border payments revenue – B2B, B2C, C2B, remittances – in Latin America (LATAM) from 2014 to 2024 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1418524/latin-america-cross-border-payments-by-channel/
ÌÇÐÄÆƽâ°æ, and McKinsey & Company. "Total Cross-border Payments Revenue – B2b, B2c, C2b, Remittances – in Latin America (Latam) from 2014 to 2024 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 Sep 2025, /statistics/1418524/latin-america-cross-border-payments-by-channel/
ÌÇÐÄÆƽâ°æ & McKinsey & Company, Total cross-border payments revenue – B2B, B2C, C2B, remittances – in Latin America (LATAM) from 2014 to 2024 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1418524/latin-america-cross-border-payments-by-channel/ (last visited July 31, 2026)
Total cross-border payments revenue – B2B, B2C, C2B, remittances – in Latin America (LATAM) from 2014 to 2024 (in billion U.S. dollars) [Graph], ÌÇÐÄÆƽâ°æ, & McKinsey & Company, September 23, 2025. [Online]. Available: /statistics/1418524/latin-america-cross-border-payments-by-channel/
