Peru’s shift to digital finance is creating major waves across the gaming and betting industry. In 2025, monthly digital-payment transactions surpassed 186 million, underscoring how rapidly consumers are moving away from cash.
This surge is especially relevant to online gaming platforms, which increasingly rely on instant tap-and-go payments, wallets and QR-codes for deposit and withdrawal flows. Experts interviewed in Peru described how the “cash-in / cash-out” ecosystem behind online betting is being accelerated by the broader digitisation trend in payments.
Between 2019 and 2024, digital payments in Peru climbed by 884%, reflecting a transformation in how users pay and how operators collect funds.
For gaming and betting companies, this means better traceability, faster onboarding and less reliance on informal channels. However, it also raises regulatory and compliance pressures — digital transactions leave a clear record, making anti-money-laundering (AML) and responsible-gaming controls more visible to regulators.
As digital payments scale, betting operators in Peru are adapting payment gateways, launching local wallet integrations and partnering with fintechs to capture this growth wave. Observers say Peru is emerging as a key hub for iGaming growth in Latin America, with payments as the backbone of monetisation.
Nonetheless, the fintech boost isn’t without challenges. Older players and informal businesses still rely on cash; therefore, digital adoption must bridge gaps in financial inclusion and security. For betting firms, ensuring seamless yet compliant payment flows will separate the future winners from the laggards.
