18.08.2015 @ 11:36

E-Commerce In Brazil Grows By 11.5%

ID-10073627The growth of e-Commerce continues to be strong in Brazil, showing a rise in 2014 of 11.5%. What’s more, the last three months averaged out at 10.9%, which was above the 9.8% achieved in the second quarter.

Observers believe this performance is particularly robust, given that retail sales are under pressure in Brazil.

These latest figures come from the MasterCard SpendingPulse report. It shows that five out of seven retail sectors grew. These are clothing, pharmaceuticals, furniture and appliances, building materials, and personal and household materials. The two sectors which didn’t perform as strongly were fuel and supermarkets.

The e-Commerce sectors which achieved above average growth included electronics and furniture.

About allpago 

allpago international is the leading payment provider for the LATAM region. allpago provides the most relevant local payment methods through one API and one single platform. Allpago offers the best conversion rates ensuring state-of-the-art technology and legal advice necessary for a successful e-Commerce operation in Latin America.

allpago enables start-ups to Fortune 500 companies to offer the necessary local payment methods in the Latin American market, which account for around 80% of their revenues. Current clients include Art.com, Getty Images, Intel Security McAfee, Norton Symantec, Paylogic, Sumup, Teamviewer and many other leading payment and digital companies.

Reference: E-Commerce Brasil

Photo: Image courtesy of winnond at FreeDigitalPhotos.net

This site uses cookies. By continuing to browse the site you are agreeing to our privacy policy.

OK