Uruguay

UY · URY · 858Latin AmericaUYU $U23 methods

5 sources

E-commerce surpassed US$4 billion in 2024, growing at 18% CAGR to US$7 billion by 2027.

$4 bn

e-commerce spend

3.0M

online population

~85%

banked adults

~50%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryShare

Card50%
Bank Transfer / Digital Wallet20%
Cash (via ABITAB/RedPagos)15%
E-Wallet (Mercado Pago)12%
Other3%

Methods in use

top 8 of 23

MethodType

All 23 methods in Uruguay →

Checkout behaviour

75% of payments are already made electronically; 90%+ of households have internet access.

74% of adult population shops online.

Facts

ISO 3166: UY · URY · 858
Region: Latin America
Population: 3.5M
Currency: UYU $U
Banked adults: ~85%
Methods live: 23
Banks covered: 5

Largest banks

Compare with

Dominican Republic Guatemala Panama Costa Rica

Sources

Paymentscmi
Nuvei
Docs
Americasmi
5 sources in total

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