Stay in the loop
Sign up for event alerts, as well as insights from our experts
Discover how Montenegrins like to shop and pay online
Exactly 80% of Montenegrins are connected to the Internet and 77% have an Internet-enabled smartphone. Between 2022 and 2025, the e-commerce market in Montenegro is expected to grow at a rate of 16% a year . Montenegro is a well-connected small and compact market with good links to the main centres of European commerce and logistics.
Almost three quarters of adults in Montenegro have a bank account. The digital payments market was worth US$1.1 billion in 2022 and is projected to grow at a rate of 21% a year between 2022 and 2027 . Any e-commerce merchant that doesn’t have a local payment strategy is potentially missing out on a huge chunk of the online market in Montenegro.
The information on our Insights pages has been compiled by us in cooperation with Datamatics and Wright & Brown. The data shown is partially owned by us and partially owned by GlobalData. © 2021 by PPRO Financial Ltd. No data and information can be used for any further publication without the explicit approval of PPRO.
Local Payment Methods
Search for another region or country