Without local paymentmethods you arenotreaching the whole LATAM market

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We have the solution

E-commerce in
Latin America is taking off.

Are you going to take part in the boom?

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Latin America is one of the world’s most attractive e-commerce markets. With more than 600 million inhabitants and an emerging digital economy, the region holds massive opportunity for international e-merchants aspiring for expansion.

But global merchants seeking to enter Latin America also face significant challenges, not the least of which is collecting payment.

In many parts of the world, international credit card networks are the go-to solution for online payments. In most Latin American countries, on the other hand, the credit card penetration rate still stands below 30 percent. By serving the Latin American market exclusively via these networks, you would effectively be addressing only a small part of the market.

If you’re planning to expand into Latin America, it’s vital to understand and adapt to the importance of local payment methods as alternatives to credit cards.

Your payment partner in Latin America

Worldline has delivered global payment solutions to large enterprises for more than 20 years. With a long-term presence in Latin America and significant expertise in these markets, we can help you effectively concur the challenges.

The various resources we offer on this page will teach you about the opportunities that key Latin American markets have to offer—and what your payments strategy must cover in order to enable you to take full advantage of them.

Resources

Better understanding, better decisions.

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Dive deeper into e-commerce payments in Latin America, and start building the knowledge you need to craft a solid payments strategy for your business.

Brazil

Brazil is the largest economy in Latin America, and the region’s most developed e-commerce market. But did you know that only 20 percent of Brazilian credit cards are enabled for purchases from offshore websites?

Mexico

Mexico is the region’s second-biggest economy, and the country’s e-commerce volume is growing by double-digit rates. Almost a quarter of Mexico’s e-commerce spend is paid with debit cards. How will you reach those consumers?

Argentina

Argentina is the third largest economy in Latin America, and one of the region’s most prosperous countries. 70 percent of Argentinian shoppers opted to pay their last e-commerce purchase in multiple installments. Can you offer them that option?

Colombia

With improving infrastructure and an open trade policy, Colombia promises rich opportunities for international e-merchants with Latin American ambitions. How will you sell to the three in four Colombians who don’t own a credit card?

Chile

Chile is one of the most sophisticated economies in Latin America, but only 30 percent of total e-commerce sales are paid with international credit cards. Which payment methods must you offer in order to access the other 70 percent?

Peru

With robust GDP growth and a pro-business government, Peru has one of the highest e-commerce growth rates in Latin America. But can you guess which portion of e-commerce sales is paid in cash? (Hint: more than one fifth.)

Uruguay

Uruguay’s e-commerce market is thriving. The projected compound annual growth rate between now and 2019 is above 30 percent, but only 7 percent of e-commerce sales come from cross-border trading. Is there a better alternative for selling to Uruguay?

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Other LATAM related resources you might enjoy:

Discover in LatAm
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White paper

Payment strategies for e-commerce in Latin America

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Future growth in e-commerce will come from emerging markets. Latin America is a prime target, but going to market here will require a different approach to payments. Learn what you need to know about Latin American alternative payment methods.

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Ready to start exploring how to unlock the full potential of Latin American e-commerce markets? Let's get started!

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4 reasons to choose Worldline

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Enter new markets fast

We manage tax and local entity complexities, so you can focus on expanding your business.

Increase conversations

We enable you to offer a truly localized shopping experience, which can lift conversions by 40% or more.

Minimize fraud loss

We offer a world-class fraud detection and prevention solution, powered by ACI ReD Shield, which allows you to minimize fraud risk.

Simplify reporting

and reconciliation. We deliver unified reporting across multiple markets, acquirers and business models.

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