El Salvador’s e-commerce market is revealing a positive annual growth, and Salvadorans are becoming less sceptical towards online shopping. E-commerce key indicators, such as the mobile payments index, encourage merchants to expand their business into this LATAM market.
As e-commerce grows, so does the consumer’s expectation for a seamless payment experience. Secure transactions top customers’ concerns, and merchants must warrant solutions to reduce or avoid data breach, such as tokenization.
In e-commerce, chargeback plays a decisive role in building a trustworthy relationship with customers. To maintain it and to ensure your business’ growth, it’s crucial to address legitimate chargebacks and frauds.
Data breach impacts the entire payment ecosystem, with consequences for consumers, companies and financiers. At a time when online transactions are skyrocketing, merchants must warrant security solutions and procedures, such as PCI compliance, to convert visits into sales.
Find out how Redfox Games, top online game publisher, experienced notable growth in the last three years by partnering with BoaCompra to enter the Brazilian market.
Since the Coronavirus outbreak began, the global economy has suffered a turn as unpredictable and immediate as the speed at which the pandemic has spread. Mature and emerging markets are adapting as fast as they can. BoaCompra’ e-commerce experts explain what challenges and opportunities are arising in LATAM.
In Brazil, digital banks are gaining ground and retaining new customers by the millions. They top Brazil’s unicorn companies and contribute to financial inclusion index, but in the midst of the Coronavirus outbreak, it becomes even more noticeable their success.
Covid-19 outbreak is driving a change in the global payment landscape, making the adoption of alternative payment methods inevitable. They are a must-have for merchants to keep on selling during the pandemic crisis.
Everything everywhere is rapidly evolving at the pace of the pandemic, e-commerce included. Consumers are diverting their time and money, and merchants must be prepared to deal with this impact.
Peru is a market experiencing rapid change towards a more digital era. We look at how this is reflected in their two most popular online payment methods.