Report cover image

Mobile Payment Services in LATAM, 2023–2030

Publisher Frost & Sullivan
Published Oct 15, 2025
Length 82 Pages
SKU # MC20489549

Description

Mobile payments are digital payments made using a mobile device, such as a smartphone, phablet, tablet, or personal digital assistant. These mobile payments are made through digital wallets and A2A platforms, financed by eMoney, credit, or debit cards.

The goal of this study is to find out the adoption of mobile payments in LATAM, focusing only on mobile payments of POS and eCommerce national markets, using mobile proximity, QR code, SMSs, and peer-to-peer (P2P) transfers through eWallets issued by banks and non-banking institutions. In the quantitative aspect of the study, to measure the industry size of 2024 and its 5-year forecast, the study is based on transaction value and volume, along with LATAM’s forecast of the market´s growth for the next 5 years.

Brazil leads in terms of LATAM mobile payment adoption, but how do other countries precisely fit into this dynamic landscape? While this study primarily takes a regional perspective, it also highlights the current status of key national markets: Argentina, Brazil, Chile, Colombia, and Mexico. To sum up, the study presents LATAM’s key drivers and restraints, significant market trends, and growth opportunities, along with other essential insights into the mobile payment industry, offering a comprehensive overview.

Table of Contents

82 Pages

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us