“Transactions originated in Wallets (digital wallets) grow 100%, while those made with credit cards o debt They do (at an annual rate of) 10%”said Felipe Venturo, CEO of Izipay, within the framework of the 2025 Perspective event, organized by Management What does this situation imply?
Also read: Payment of cash arbitration yield to digital wallets, in what regions?
Digitization favors small businesses, as it promotes their formalization, but also provides information to financial institutions so that they can, for example, evaluate credit applications.
“The means of payment play a very important role in the development of a country”he added.
In addition, he stressed that both the State and the private ones have been investing in infrastructure – such as fiber optics – to expand the scope of electronic means of payment.
(Photo: Uses)
Thus, he stressed that the number of commercial establishments throughout the country that allow payment through terminals (POS) has been extended.
The above is relevant, if one takes into account that The use of cash generates a higher operational cost and is more insecure for participantsthe executive said.
Venturo also maintained in the face of the next presidential elections, that the next government should guarantee the continuity of the norms and “not regulate in excess”, since it argued that the payment media sector has the capacity to self -regulate.
Also read: Mortgages grow in stratum B, but offer is saturated in
In the low -value payments ecosystem, eThe amount of transfers made through digital wallets (intra and interbank) increased by 98.6% in 2024compared to the previous year, according to statistics from the Central Reserve Bank (BCRP).
In that same period, the average ticket was reduced to S/ 44 in intrabanca transfers via Yape, already S/ 71 for those PLIN routes, which continue in a descending tendency.
The monetary authority also stressed that Last year 442 digital payments were made per adultthat is, more than one payment per day.
“To consolidate this growth, there are still challenges to address, such as improving the quality and availability of the services offeredAdd the BCRP.
It is easier, fast and safe. Photo: Freepik.
Given:
Stake. In 2027, 28% of the value of operations at physical sales points will correspond to digital wallets, which will equate the participation of cash, according to NTT Data.
