With 2.6 million people with internet access, e-commerce is still at an early age in a country with a steady growth in the last years. Some online stores showed an annual growth rate of 30% to 50%.
Learn more about the most used payment tool in Portugal and maximize your chances to boost your online business.
The second largest market for e-commerce in Latam, right after Brazil, can reach $11 billion in e-commerce sales in 2018 alone. According to the Business Insider, it is also expected to register a growth of 15.6% by 2019.
According to the report by Ecommerce Europe, digital shops increased 13.3% in 2014 (representing 2.9 billion euros) and this number doubled in 2016 as Portuguese ecommerce reached a value of 4.2 billion euros made by 3.4 million online users.
The most unique payment method in Brazil, boletos are responsible for a considerable amount of online transactions in the country. They can cover anything from small utility bills such as rent to higher value products like a holiday trip.
Cash Payments are the kings of alternative payments methods in Argentina, making it a must have if you wish to access this market.
Turkey is not charming only by its secular culture and gorgeous landscapes.
New government and a more open approach to business create conditions for optimism in the future of Argentina.
What about reaching a market that represents a GDP of US$ 2.14 trillion via cross border sales?
Chile has a dynamic economy and where foreign trade is an important driver dominated by the industrial and service sectors that represent more than 96% of the GDP.