Expand your business to Latin America and you will have the possibility to conquer a market with more than 600 million people. Increased connectivity and technological advancements have contributed to creating optimal conditions that have favored not only international trade, but also boosted e-commerce. With more payment options, greater security in online transactions and sustained improvements in transportation and shipping infrastructure; globalization opens its doors to a market without borders.
Paygol offers access to 10 Latin American countries and has local offices in Argentina, Brazil, Chile and Mexico.
Accessing these markets directly allows you to offer your products and services to consumers in their own local currency while letting them use their preferred payment method. This means simpler payment processes and more satisfied customers, which tends to foster growth in your client portfolio.
According to the 2019 Latin American report developed by the Ecommerce Foundation, the presence of electronic commerce in the region continues to increase at a continuous rate and generates more and more sales every year.
The organization reported that sales volume in Latin America has sustained a constant growth close to 15% annually. Overall, just last year it recorded B2C ecommerce sales of $84 billion. In addition, some countries in the region are beginning to become major players in some global e-commerce indexes.