ONLINE SALES IN LATIN AMERICA
Electronic commerce is going through its best moment. According to a study carried out by BlackSip, a consulting and digital services company, it is estimated that by 2019, electronic commerce in Latin America will grow 17% with an estimated sales of US$85 billion.
GROWTH BY COUNTRY
Colombia: According to the latest study published by the Colombian Chamber of Electronic Commerce on digital transactions, in the first half of 2017 the total collected was almost 41 million, representing a 20% growth compared to the second half of 2016.
Mexico: A study carried out by the Internet Association, the Mexican Association of Online Sales (AMVO) and other organizations, showed that 75% of Mexicans who surf the Internet have made at least one online purchase.
Argentina: A study carried out by the Chamber of Information Technology and Communications of the Argentine Republic, records that in 2017 electronic commerce had an increase of 41.7% compared to the previous year.
Peru: The number of online buyers in Peru reaches 3 million according to the latest study by IPSOS Apoyo.
Chile: Álvaro Quintana, commercial manager of DHL e-commerce Chile, states that in recent years electronic commerce in Chile has had an average growth of 20%.
PAYMENT PLATFORMS
PayPal
It describes itself as “The easiest and safest way to make your web payments.” It is one of the largest online payment alternatives in the world, which will allow the transfer of money between users and virtual stores.
Characteristics:
It’s free, the only requirement is to have an email address.
You can associate your credit card to purchase without having a PayPal balance. Protect your purchases in such a way that, if the product did not arrive at the destination or does not match the descriptions, you will receive a refund.
You can accumulate points, miles and cashbacks when making payments with PayPal if you associate your card with the account
Connecting PayPal as a payment provider
PayU, formerly known as ‘Online Payments’, is a Colombian company that provides online payment services allowing you to sell, buy and collect without having to have a web platform, therefore, it offers options for small or large companies.
This online payment platform is present in more than 16 countries in the world and the number of annual transactions is constantly growing.
“In the almost 15 years that the company has been in business (previously as PagosOnline, today as PayU), more than seven million people (between Colombians and foreigners) have made some payment or purchase online,” said Andrés Fuentes, country manager of the company. company in Colombia, during an interview conducted by the newspaper La República. see more
Characteristics:
Collection Link for users or businesses that do not have a website or want to sell through social networks.
Thanks to its API integration method, it allows users to make transactions from different types of applications.
It is the first payment platform that gives users the possibility of extending the payment period for their purchases.
This payment platform allows users to choose the cash on delivery option.
To connect PayU Colombia as a payment provider in 3Pod
Stripe
Stripe is a payment gateway whose main feature is its level of protection against fraud.
Its integration is allowed in almost any web solution and, due to its technical nature, provides remarkable stability. Its operation varies from country to country, but in common is the wide range of possibilities it offers customers when making a payment.
Characteristics:
Excellent ally for non-profit organizations or those people who need to raise funds for a purpose. Thanks to this platform, people will be able to receive donations without having to invest time and money in development.
Compatible with subscription business models. It will easily integrate into the applications or programs used by your company and will make use of customer data to optimize processes.
It has Stripe Connect, a payment platform that allows companies to accept money and issue transfers to their users in a fast and practical way.
Integrable with all programming languages and AWS.
It has plugins and documentation that allows easy integration with different types of applications.
Thanks to technology you can take your business anywhere in the world and have a showcase open 24/7.
Connect Stripe with 3Pod