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Guatemala
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Top e-commerce industries
Electronics
21.1%
Hobby & Leisure
21.1%
Fashion
11.2%
Furniture & Homeware
Care Products
DIY
Grocery
Guatemala City
Capital
17.4M
Population
-6
Time Zone (GMT)
GTQ
Currency
Guatemalan Quetzal
$25.9B
Transactions
value in 2028
26.3%
CAGR
of Digital Payments
during 2024-2028
during 2024-2028
Popularity of e-commerce payment methods
Extend your reach
BAM is one of Guatemala’s leading payment systems, offering card-based and bank transfer solutions for in-store and online transactions. Established as a trusted banking institution, BAM supports seamless digital banking, enabling payments via mobile and online platforms, catering to both individual and corporate needs.
Method
BAM
BAM
LPM Market Share
7.6%
Payments
Yes
Refunds
Yes - full refunds only
Type
Cash-in
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
$25.00
$25.00
