Discover how e-commerce companies successfully expanded their business to Brazil.
E-commerce has jumped to stardom, as consumers began spending more time and money online. But the demand for smooth, unique shopping experiences has increased, and merchants must keep up with it.
If you have ever been to Mexico, you will be familiar with Oxxo. The ubiquitous chain of grocery stores seems to have a location on every corner.
Brazil is revolutionizing the global payment system by introducing PIX, the new instant payment system.
In a market with growth potential such as Portuguese e-commerce, it’s crucial to meet consumers’ expectations at the checkout point by offering the top 3 local payments.
In Ecuador, e-commerce still has a long way to go until it reaches the level of development that other Latin American countries have, but its market share in the LATAM region encourages investment.
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.