Latin America Online Payment Methods: Full Year 2016 - Credit Cards are the Most Popular Online Payment Method in Latin America - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Latin America Online Payment Methods: Full Year 2016" report to their offering.

International consumer surveys cited in this report show that credit cards are the top online payment method in Latin America and worldwide. However, there are deviations amongst consumer preferences in various Latin American countries.

About three-quarters of Brazilian online consumers prefer to make purchases with credit cards. Notably though, many of these credit cards are domestic, making up about half of 2015 E-Commerce sales in Brazil. Boleto Bancario came in second in terms of share, with international credit cards following in third. In Argentina, credit cards were also the leading used online payment method.

Mexico presents a different case. The report cites a survey from 2016 showing PayPal as the top online payment method, with debit and credit cards next. Both PayPal and debit cards improved by a few percentage points in share of digital buyers from 2015 to 2016, while credit card decreased.

According to information from the report, mobile payment usage is still at an early stage in this region, but is continuing to develop further. In a global survey of Internet users, the highest share of respondents who look forward to mobile payments came from Latin America.

Key Questions Answered

- Which payment methods do consumers in Latin America prefer when buying online?

- How do online shoppers' payment method preferences in Brazil differ from those in Mexico?

- What are the key trends and developments in online payments worldwide and in Latin America?

- How open are consumers in Latin America to using mobile payments?

- Which important recent product launches in Brazil could have an effect on its mobile payment market?

Key Topics Covered:

1. Management Summary

2. Global Developments

3. Latin America

Companies Mentioned

- Cielo S.A.

- GetNet Tecnologia Ltda.

- MasterCard Inc.

- PayPal Inc.

- Rede S.A.

- Samsung Pay Inc.

- Starbucks Corp.

For more information about this report visit http://www.researchandmarkets.com/research/klxvkl/latin_america

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: E-Business, Online Banking

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: E-Business, Online Banking