🎉 Costa Rica 🇨🇷: Central Bank Launches "Click to Pay" with Mastercard and Evertec 👀

Morgan Ellis

🎉 Costa Rica 🇨🇷: Central Bank Launches "Click to Pay" with Mastercard and Evertec 👀

Curious about what's happening in this beautiful Caribbean country? Here’s what you need to know:

A Strategic Partnership:

The Central Bank of Costa Rica, Mastercard, and local fintech Evertec have teamed up to launch *Click to Pay*, a digital wallet that lets users store multiple cards from different brands. This innovation aims to streamline online shopping, making it faster and more convenient.

Strong Financial Inclusion:

In Costa Rica, nearly 90% of people over the age of 15 have at least one account in the official financial system. This high level of financial inclusion paves the way for broad adoption of digital tools like *Click to Pay*.

E-commerce Leadership:

According to *Payments & Commerce Market Intelligence* (PCMI), Costa Rica is the leader in e-commerce across Central America, with sales volumes reaching $5.5 billion in 2023. Projections indicate the market will grow to $9.7 billion by 2026, highlighting the country’s rapid digital evolution.

What does this mean? Costa Rica is positioning itself as a financial innovation leader in the region, showcasing how strategic collaborations and technological adoption can drive economic progress.

#news #Costa_Rica

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