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Peru, a country located in the western part of South America, is gradually modernizing its financial system. The country has seen an increasing use of digital payments and mobile banking, driven by the growing use of smartphones and internet access. The government is promoting financial inclusion and encouraging the adoption of digital financial services. Peru is actively modernizing its payment system, with a rapid increase in digital payments. While cash is still prevalent in rural areas, credit and debit cards, online banking, and mobile money platforms are gaining popularity, reflecting the country’s efforts to improve financial inclusion and efficiency.

Population

Estimated Population

33.5 million

Currency

Currency

Peruvian sol (PEN)



Popular payment methods