The analysis of POS transactions at terminals in Mexico reveals a steady upward trend with some fluctuations. Starting from 1.77 billion units in 2013, the number rose to 3.28 billion units by 2023. This represents a compound annual growth rate (CAGR) of 3.96% over the past five years, despite a notable dip of 13.53% in 2020 due to the pandemic. The year-on-year growth rate stabilized to 3.51% in 2023. Forecasted values from 2024-2028 project continued growth, reaching 3.86 billion units by 2028, with a forecast 5-year CAGR of 2.54%.
Future trends to watch include the increasing penetration of mobile payment solutions, the adoption of contactless payments, and regulatory changes aimed at boosting digital financial inclusion. These factors could further impact the volume of POS transactions positively.
