Cashless Wave Sweeps Latin America Amid Mobile, FinTech Boom

Posted under: Fintech
Date: 2025-05-08
 Digital Payments Revolution in Latin America | Justo Global

Latin America is experiencing a digital payments revolution, with cash transactions plummeting from 67% in 2014 to just 25% in 2024. Mobile wallets and real-time payment systems like Brazil's Pix are driving this transformation, processing 64 billion transactions in 2024 and potentially surpassing credit cards in online purchases by 2025.

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