With the fastest growth rate in Latin America, Peru has great potential for international merchants who want to expand their businesses in the region. Thus, even though it’s number 6 among the Top Markets of Latam — preceded by Brazil, Mexico, Colombia, Argentina, and Chile — and represents 5% of all the region’s e-commerce revenue, its U$ 13 billion market should not be overlooked.
With the the second-highest penetration of cross-border e-commerce in Latam, Peru still has low, albeit increasing, levels of card penetration. Thus, understading how Peruvian consumers like to pay online and what their consumer habits are is fundamental to tap into the country's potential.
This is what we explore in our exclusive Country Guide. Here you’ll find up-to-date data about the market, its consumers, their payment and shopping habits, how each segment was impacted and is recovering from the pandemic, and much more.
In our exclusive Country Guide for Peru, the second main cross-border market in Latin America, you’ll find:
- Peru in numbers;
- E-commerce habits and preferences in detail;
- Industry trends for each segment;
- Local payment methods and their share of e-commerce;
- And much more!
Accepting local payment methods unlocks 109 million potential Latam customers who want to shop online but do not have a credit card.
From rising shopping habits in the “new normal” to the alternative payment methods rising in the scene, download our guide for free right now to understand all you need to know about the Peruvian market and how to succeed within its potential.
Access the guide here:
PagSeguro (NYSE: PAGS) provides innovative payment solutions, automating payments, sales, and wire transfers to boost businesses anywhere, in a simple and secure way. Part of the UOL Group – the leader in Brazilian internet –, PagSeguro acts as an issuer, an acquirer, and a provider of digital accounts, besides offering complete solutions for online and in-person payments.
The company also has the most complete payment methods coverage in Brazil and 16 other Latin American countries, besides Portugal, Spain, Turkey, Greece, and Romania, allowing merchants worldwide to process and collect more than 140 local payment methods and local currencies. It also provides instant single or mass cross-border payouts to Brazil.
As a provider of payment solutions for foreign merchants, PagSeguro is well established as the market leader in the online gaming segment, processing local payments for more than 6,000 games, including giants Valve, Garena, EA, Xsolla, Ubisoft, and Wargaming.