Chen Tian Universe

Sep 14, 2025 · Operations

Why 70% of Latin American Orders Still Use Cash – Unlocking the Region’s Payment Revolution

The article examines how cash still dominates 70% of Latin American transactions, explains the rise of instant payment systems like Brazil's Pix and Mexico's CoDi, analyzes market data, outlines the three‑way competitive landscape, and offers strategic recommendations for succeeding in this fast‑evolving fintech market.