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.avif)
Panama
.avif)
Top e-commerce industries
24%
Electronics
21%
Hobby & Leisure
21.1%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery
Panama City
Capital
4.5M
Population
-5
Time Zone (GMT)
PAB/USD
Currency
Panamian balboa / US dollar
$19.1B
Transactions
value in 2028
10.9%
CAGR
of Digital Payments
during 2025-2028
during 2025-2028
Popularity of e-commerce payment methods
Extend your reach

Method
El Machetazo
El Machetazo
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PAB/USD
Authorization
speed
speed
Instant
Recurring
No
No

Method
Super Xtra
Super Xtra
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
300K
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PAB/USD
Authorization
speed
speed
Instant
Recurring
No
No