Payments

LATAM: How to Enter the Top 5 eCommerce Markets

Ryan Ivers -- allpago

Presentation

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.

LATAM: How to Enter the Top 5 eCommerce Markets

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