--- title: Mexico | Boost your business in Latam's largest cross-border market description: "Learn all about the opportunities in the Mexican market, relevant data about its consumers, and how we help you reach the #1 cross-border market in Latam." --- # mexico, latam's largest cross-border market ![Brazil Illustration](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/brazil/brazil-hero.svg "Brazil Illustration") The second largest country in Latin America, only behind Brazil, is full of potential and unexplored opportunities. International merchants find in Mexico a prime sales target due to the country’s strong e-commerce market and close proximity to the United States.    Discover why you should expand or strengthen your operations in Mexico and how PagSeguro helps you do that successfully. GET STARTED NOW ![PAGS_ilustra-site_mexico](https://international.pagseguro.com/hubfs/PAGS_ilustra-site_mexico.svg "PAGS_ilustra-site_mexico") ## Make the most of Mexico's untapped potential ![sell_abroad](https://international.pagseguro.com/hs-fs/hubfs/sell_abroad.png?width=68&height=65&name=sell_abroad.png "sell_abroad") ### $ 24 BI cross-border volume in 2024, with expectations of surpassing $ 48.5 billion by 2026. ![growth-1](https://international.pagseguro.com/hs-fs/hubfs/growth-1.png?width=74&height=75&name=growth-1.png "growth-1") ### 44% CAGR in cross-border sales volume, the fastest growth rate among all of Latin America's Top Six Markets. ![latam_main_markets](https://international.pagseguro.com/hs-fs/hubfs/latam_main_markets.png?width=45&height=70&name=latam_main_markets.png "latam_main_markets") ### Latam's giants Together, Mexico and Brazil boast the region’s highest volumes of e-commerce transactions and cross-border sales, accounting for 61% of the total cross-border volume in Latam. ![Market variety](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/brazil/market-variety.svg "Market variety") ### Consumers seek variety Mexican consumers are going through a major digitization process, and are willing to purchase often and from a great variety of online merchants. It’s an ideal scenario for merchants starting or increasing operations in the country. ## Navigating Mexico's challenging payment landscape Even though Mexico has credit cards as the most common payment method, it’s one of the only countries in Latam with such a high percentage of debit card usage: they represent 25% of e-commerce spending, and continue to rise year after year.   As more debit cards in Mexico start being accepted online, opening up market space for merchants offering them as payment methods through partners such as PagSeguro, digital payments slowly gain space.   **With PagSeguro, you can navigate this fast-changing scenario and make the most of Mexico’s opportunities.**   ![payments-table-header](https://international.pagseguro.com/hs-fs/hubfs/payments-table-header.png?width=309&height=142&name=payments-table-header.png) | | International credit cards | 38% | 39% | | --- | --- | --- | --- | | | Debit cards | 25% | 25.5% | | | Cash vouchers | 10.5% | 8.5% | | | E-wallets | 8.5% | 9.5% | | | Buy Now Pay Later | 2.5% | 4.5% | | | Domestic credit cards | 3% | 3% | | | Bank transfers | 3% | 3% | | | Others* | 9% | 6.5 | ** Includes prepaid cards, direct carrier billing, cash on delivery, and other miscellaneous payment methods* ## Unlock Mexico's payment landscape with PagSeguro Payment Processing Solution PAYMENT PROCESSING SOLUTION ![](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/home/payment-solution-globe.svg) All-in-one API solution that **enables worldwide merchants to access**** Mexico** by offering **local ****payment methods** and local currencies easily.  ![](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/home/payment-solution-notepad.svg) Sell to Mexicans in their local currency with local payment methods** without the need of local entities** or local bank accounts. ![](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/home/payment-solution-human.svg) PagSeguro’s expertise results in an **up-to-date solution**, with the newest payment options and in compliance with local regulations. ![](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/home/payment-solution-note.svg) Count on expert **account management **and **24/7 local ****customer support** for your clients in Spanish.  ![](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/home/payment-solution-note.svg) **International ****funds remittance **and the possibility of offering local payment practices. SOLUTION IN DETAIL ## The reliability you deserve ![PagBank PagSeguro](https://22282279.fs1.hubspotusercontent-na1.net/hub/22282279/hubfs/logos-pagseguro-ajustados.png?width=309&height=37&name=logos-pagseguro-ajustados.png "PagBank PagSeguro") ![PagSeguro NYSE](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/brazil/logo-pagsnyse.svg "PagSeguro NYSE") PagSeguro is PagBank's (NYSE: PAGS) international division, one of the biggest fintech companies in Latam. Besides local payment solutions for foreign companies selling to Latam, it’s also a leading company of online payment methods and solutions for e-commerce, virtual stores, and physical commercial establishments in Brazil with over 7 million merchant customers, and 14M account holders in the second biggest digital bank in Brazil.   Also, it’s part of UOL GROUP, the leading Internet enterprise in Brazil with 108M unique users per month. ![PagBank PagSeguro](https://22282279.fs1.hubspotusercontent-na1.net/hub/22282279/hubfs/logos-pagseguro-ajustados.png?width=309&height=37&name=logos-pagseguro-ajustados.png "PagBank PagSeguro") ![PagSeguro NYSE](https://international.pagseguro.com/hubfs/raw_assets/public/lemonade/images/brazil/logo-pagsnyse.svg "PagSeguro NYSE") ## All you need to know about selling to Latam ACCESS OUR BLOG