Argentina

Argentina

Tango with Tech: Choreograph Argentina's Payment Revolution

Key Factors Driving Growth

In emerging markets, payment risks are complex and evolving. PayFuture’s Fraud Risk Management uses AI-driven technology and multi-layered security to monitor transactions, helping businesses operate confidently across diverse regions.

Population
0 Million

Latin America's third-largest economy

E-commerce growth of
0 %

PCMI (Payments and Commerce Market Intelligence) predicts a robust e-commerce growth of 22% between 2023 and 2026

Digital wallets account
0 Million

of e-commerce sales in Argentina, making them the second most popular payment method

The 14th largest e-commerce market in the world

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In 2023, 69% of e-commerce volume in Argentina came from purchases on mobile devices, while 31% came from desktop purchases.
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Million users, nearly 75% of Brazil's population. PIX has expanded banking access to during the first quarter of 2024.

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.

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