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2023 was the second worst year of electronic scams for Ticos

QCOSTARICA During the pandemic, there was a notable increase in the usage of online banking services in Costa Rica. Faster and simpler procedures, resulting in time and cost savings for users, stand out among the advantages of a more versatile system with more electronic banking services. However, technology has also led to larger frauds…

Costa Rica is among the countries in Latin America that uses cash the least

QCOSTARICA Costa Rica stands out in the Latin American panorama for its rapid change in payment preferences, where debit and credit cards, as well as digital wallets, are replacing cash as the preferred payment method. Two payment method surveys were conducted in Spanish-speaking Latin American countries in 2021 and 2023 by McKinsey & Company,…

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