Peru
Peru’s payment landscape in 2026 is shaped by strong adoption of credit and debit cards. Cards account for the majority of transaction volume, reflecting continued reliance on traditional banking systems. For global merchants, prioritizing localized card processing is key to reaching consumers and unlocking growth in Peru.
*Data is for Codapay in the period of 1st Oct 2024 - 30th Sep 2025
Impact figures
84%
Android users
16%
iOS users
12.6%
Credit & Debit Card ownership
1.1B
App downloads in 2025
173.1M
App revenue (USD) in 2025
Insights
Digital wallets
Peru’s highly Android-dominant market limits Apple Pay's effectiveness for enabling online payments.
Cards
Credit & Debit cards have low penetration in-market, yet represent 100% of Codapay volumes in Peru, indicating exclusive card usage among the card-holding population for digital gaming purchases.
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