Travelers Returning to Latin America Find More Digital Payment Options


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Digital payments have grown rapidly in Latin America, where a large percentage of residents have actually never had a bank account. But the systems need to be coordinated for visitors to really cash in on it.

Cashless tourism has spread rapidly worldwide since the start of the pandemic — even in regions where digitalization largely hadn't taken hold, such as Latin America.

Digital wallet transfers, QR codes, and even contactless credit or debit cards were a rarity outside of hotels and resorts. But they've become more prevalent in recent years throughout the region, with travelers coming back to Latin America finding digital payments are accepted by vendors at locations such as the beach and artisanal fairs.

"Checks in South America have all but vanished. Mo