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E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, per EBANX Study - Vimarsana News

E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, per EBANX Study

Mobile purchases will spur digital commerce growth, while smartphones become Latin Americans' new cash pocket, as shown by EBANX's Beyond Borders 2021/2022 study Latin America's digital commerce market is expected to grow by a whopping 37 percent by the end of 2021 and expand at a double-digit pace across the region through 2025, with some of LatAm’s current powerhouse

E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, Per EBANX Study - Vimarsana News

E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, Per EBANX Study

Latin America's digital-commerce market is expected to grow by a whopping 37 percent by the end of 2021 and expand at a double-digit pace across the region through 2025, with some of LatAm’s current powerhouse countries such as Brazil and Mexico expected to grow steadily at about 30 percent per year, and newly emerging markets including Bolivia, Guatemala, Paraguay and Peru