Payment mix
share of e-commerce spendCategoryLeading methodShare
- Cash (USD/VES)—35%
- Pago Móvil / Bank TransferPago Móvil (C2P / Mobile Payment)30%
- Card (debit/credit)Mastercard15%
- Zelle / Digital USD—12%
- Crypto / Other—8%
Methods in use
top 8 of 16 · by spendCheckout behaviour
Pago Móvil (SUDEBAN) is the dominant domestic bolivar payment system and is used by virtually all Venezuelans with a bank account — its omission from the site is a significant gap.
Zelle is widely used for USD P2P and merchant payments, including at physical stores, due to its accessibility among Venezuelans with U.S. bank accounts.
Facts
- ISO 3166
- VE · VEN · 862
- Region
- Latin America
- Population
- ~29M
- Currency
- VES Bs.
- Banked adults
- ~60%
- Methods live
- 16
- Banks covered
- 2
Largest banks
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