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Costa Rica Local Payment Methods

Reach new consumers

Costa Rica

Why enter Costa Rica?

Costa Rica is a rapidly developing country in Central America with a young and tech-savvy population. The country has a high internet penetration rate, and e-commerce is growing rapidly. In 2022, the Costa Rican e-commerce market was worth $1.2 billion, and it is projected to reach $2.4 billion by 2025.

The Costa Rican e-commerce market is dominated by a few large players, such as Mercado Libre, Amazon, and Walmart. However, there are also a number of smaller, local e-commerce retailers that are gaining market share.

Source: Statista and JPMorgan


1.2 billion
e-commerce market value

80% of internet penetration

e-commerce market is growing at a CAGR of 15%.

Pagsmile payment solutions in Costa Rica

Bank transfer

Bank transfers are a common way to send and receive money in Costa Rica. They are usually quick and easy, and they can be done online or at a bank branch.


Cash payments are still the most common way to pay for goods and services in Costa Rica. They are accepted in most businesses, and they are a convenient way to pay for small purchases.