Latin America preferred online retail payment methods 2015

The statistic gives information on the preferred payment methods of online shoppers in Latin America as of the fourth quarter of 2015. During survey period, the majority of online shoppers preferred to pay via credit card. A total of 36 percent of shoppers opted for digital payment systems. In 2016, e-commerce sales accounted for only 2.2 percent of retail sales in Latin America, hinting at a strong potential of the market. As of January 2016, MercadoLibre was the most popular online retailer in Latin America with 50.54 million unique visitors during that month.

Preferred payment methods of online shoppers in Latin America as of 4th quarter 2015

Share of online shoppers
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Source

Release date

January 2016

Region

Central and South America

Survey time period

4th quarter 2015

Special properties

purchases in the past 6 months

Method of interview

Online survey

Supplementary notes

Multiple answers were possible.

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