LATAM: How to Enter the Top 5 eCommerce Markets
Payments
Methods
Argentina
Brazil
Chile
Columbia
Latin America (LATAM)
Market Overview
Mexico
Peru
Boleto Bancarlo
Cash
Debit cards
Ryan Ivers -- allpago
May 16, 2019
Presentations
Latin America is one of the most attractive eCommerce markets for international merchants with the third highest Internet penetration globally after the U.S. and Europe. However, for many, collecting payments in LATAM is a major barrier and a cross-border payment strategy is limiting as it does not give access to local payment methods which represent 80% of the eCommerce spend in the region. Here allpago outlines chief myths associated with the LATAM payments landscape, listing the key local payment methods by jurisdiction and compares and contrasts cross-board and local processing methods in this jurisdiction.
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