The preferred method of payment for Peruvians is through cards, which account for 51% of all online transactions. Around 12.9% of the population in Peru have locally issued credit cards and 35.66% have debit cards as of 2021.

Among the card brands, Visa dominates the market with a share of 52%, followed by Mastercard at 33% and American Express at 1%.

Digital wallets and cash were less popular among Peruvians, used for 13% and 12% percent of online checkouts, respectively.

In Peru, PagoEfectivo and SafetyPay are the leading eCash payment solutions, enabling millions of Peruvians to conduct online transactions and make purchases. These platforms were acquired by PaySafe, a London-based fintech company, in 2021. As a result, PaySafe now holds a substantial portion of the eCash market in Peru.