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Payment Methods

When traveling to Peru, especially to iconic destinations like Machu Picchu, understanding payment methods is essential for a smooth experience. Cash remains king in many areas, particularly in smaller towns and markets where vendors may not accept credit cards. The local currency is the Peruvian Sol (PEN), and it's advisable to carry a mix of small and large denominations for convenience.

In popular tourist areas like Cusco and the Sacred Valley, most hotels, restaurants, and shops accept credit cards. Visa and MasterCard are the most widely recognized, while American Express may be less commonly accepted. Always inform your bank of your travel plans to avoid having your card blocked for suspicious activity.

ATMs are readily available in larger cities, allowing you to withdraw cash in soles. However, be aware that some ATMs may have withdrawal limits, and fees can apply. It's best to use ATMs located in bank branches or reputable establishments for safety.

For those planning to hike the Inca Trail or visit Machu Picchu, purchasing tickets in advance is essential. Most ticket sales are conducted online and require a credit card. Ensure to print your tickets or have them saved on your mobile device, as proof of purchase is mandatory.

It's wise to have some cash on hand for tips, as many service providers, including guides and porters, rely on gratuities. A typical tip ranges from 10 to 15 percent of the service cost. Additionally, some attractions may charge entrance fees that are cash-only.

Finally, familiarize yourself with local customs regarding payments. In Peru, it’s common to round up the total when paying in cash, and haggling is acceptable in markets. Understanding these nuances can enhance your travel experience and help you connect with the local culture.