Do online shoppers in Peru still pay in cash?
Some do, through payment codes. PagoEfectivo generates a CIP code that the shopper pays at more than 45,000 locations or in online banking. Cash is still used for 64% of purchases overall, according to BCRP data quoted by the Cámara de Comercio de Lima.
In detail
Some do, through payment codes. PagoEfectivo generates a CIP code that the shopper pays at more than 45,000 locations or in online banking. Cash is still used for 64% of purchases overall, according to BCRP data quoted by the Cámara de Comercio de Lima.
How people pay in Peru in 2026
Cards remain the main tool for larger and online tickets, often paid in cuotas, while cash vouchers such as PagoEfectivo still serve shoppers without a bank card. A Peruvian checkout in 2026 needs cards, Yape and Plin, and a cash option.
Payment by card in Peru
Credit cards matter most for higher tickets and online purchases, where shoppers split payments into cuotas. At BCP, the largest bank, credit card loans reached S/ 6.86 billion in June 2026, up 12% in a year.
Payment by cash in Peru
Cash is losing ground in Peru, but it has not gone away. The BCRP says digital payments are replacing cash quickly, and reports quoted by the Cámara de Comercio de Lima state that 64% of purchases are still made in cash. In neighborhood shops the gap is wider: Kantar found that 98.7% of payments in bodegas were in cash in 2023.
More detail in our #PayWorldTour guide Payment methods in Peru.