Jamaica

JM · JAM · 388Latin AmericaJMD J$15 methods

Revised · 5 sources

Compare markets

Electronic payments surged 19% in 2024, signalling accelerating digital adoption.

$780 m

e-commerce spend

2.0M

online population

~80%

banked adults

~35%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Card (Credit & Debit)Visa65%
Bank Transfer—15%
E-WalletGoogle Pay10%
Cash—8%
Other—2%

Methods in use

top 8 of 15 · by spend

MethodTypeShare

All 15 methods in Jamaica →

Checkout behaviour

E-commerce market projected at US$783 million in 2025, growing at ~8% CAGR through 2029.

Credit cards account for 65.1% of all retail payment volume by value.

Facts

ISO 3166: JM · JAM · 388
Region: Latin America
Population: 2.8M
Currency: JMD J$
Banked adults: ~80%
Methods live: 15
Banks covered: 4

Largest banks

Compare with

Mexico Paraguay Sri Lanka Iceland

Sources

Something out of date?

Every figure on this page carries a source. Corrections are reviewed within a week.

Edit this country →