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N/A 47.1 30.8 12.1
Smartphone penetration, % Internet penetration, % Population, m Purchasing power index
Popular Payment Methods
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Venezuelan Payment Options

Online Payment Trends in Venezuela
Venezuela, like much of Latin America has a fast-growing mobile penetration rate; many Venezuelans use mobile devices for online shopping. The most popular Venezuelan payment method for online purchases is the eWallet. As Venezuela continues developing, the nation is plagued with high inflation rates, prompting the government to propose economic and financial reforms.
Payment Types by Market Share
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