Today in Data: LatAm’s Digital Transformation

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$175B: Projected value of digital transactions in Latin America by 2025, up from its current level of $100 billion

$1.2B: Google’s investment in Latin America, which includes funding for its digital wallet program

86%: Portion of Mexican consumers who used cash as their primary payment method, down from 93% before the pandemic

19%: Amount of Latin American eCommerce spending coming from digital wallets last year

6 in 10: Number of adults in Central America who don’t have bank accounts