Shopping on mobile and paying with direct bank transfers. In Colombia, similar to other Latin American markets, consumers reported shopping online about one-third of the time. Fashion, restaurant and food takeout and beauty are some of the top products Colombians…
They’re placing food orders on phones and paying with local app Yape. Similar to shoppers in other markets, Peruvians also shop online regularly. Weekly online purchases either on mobile or computer occur over one-third of the time. Fashion, restaurant takeout…
Argentina eCommerce and Payment Trends 2023 Most Argentinians make online purchases weekly. Research shows that one-third report weekly shopping on their mobile device or computer. Popular ecommerce shopping categories include fashion, groceries, utility payments and ordering food from restaurants. When…
Paying with debit cards and shopping for fashion, beauty and food. Chileans are regular online shoppers with 40% reporting using their phones or computers for purchasing in the last month. Popular shopping categories include fashion, beauty and food takeout. Mobile…
Boleto Bancario Is One of Brazil’s Most Popular Cash Payment Methods – Here's What You Need To Know About Accepting This Popular Payment Method. Boleto means ‘ticket’ and is a popular Brazilian cash payment method. A 'boleto' is a printed…
The cross-border payments landscape in Latin America. Accepting and sending cross-border payments in Latin America can be challenging for international merchants. Four of the world’s top 10 countries with the lowest bank account adoption are in Latin America and there…
Your guide to capitalizing on the growing Latin American ecommerce market by offering local payment methods. Accepting cross-border payments in Latin America means understanding the market, so merchants looking to trade in the region should ensure they approach it in…
Adjust existing rewards programs and learn how to create new programs that succeed in the Latin American market. As payment method trends in the LATAM Market continue to evolve toward mobile money and contactless payments, trying to impose the old…
Do you know the best ecommerce payment methods for growing sales with your shoppers? Here’s how your global audience prefers to pay. The best ecommerce payment methods to offer in your online store often depends on the location of your…
This article covers payment trends from 2019 and 2020. For the most recent research read: eCommerce and Payment Trends: Brazil Brazil offers ecommerce leaders lucrative opportunities in the largest eCommerce market in Latin America1. Understanding how Brazilian consumers engage in digital…
When businesses seek fast-growing markets, they often think of Asia. But Latin America is a compelling choice for businesses with the know-how to meet local consumer payment preferences. Economic volatility and political unrest in countries, like Venezuela, tend to dominate…