Payment methods in Peru
Here are the top takeaways you need to know about the Peruvian e-commerce market:
– The average Peruvian online shopper spends US$392 a year with e-commerce merchants, rising to US$434 by 2027.
– When they shop online, Peruvians use mobile devices to complete almost a quarter of all their purchases.
– Online shoppers in Peru buy US$1.3 billion worth of goods, 14% of all their online purchases, from merchants in other countries.
– Peruvians use something other than a card to pay for almost 50% of all their online transactions.
– Worth US$10 billion in 2023, the Peruvian e-commerce market will grow to a value of US$15 billion by 2027.
Payment Method Breakdown
- Card 52%
- Cash 10%
- Bank Transfer 17%
- E-Wallet 11%
- Other 10%
[{"label":"Card","value":"52"},{"label":"Cash","value":"10"},{"label":"Bank Transfer","value":"17"},{"label":"E-Wallet","value":"11"},{"label":"Other","value":"10"}]
Payment Methods in Peru
Card Scheme Breakdown
- Visa 81%
- Mastercard 17%
- American Express 1%
- Local schemes 0%
- Other 1%
[{"label":"Visa","value":"81"},{"label":"Mastercard","value":"17"},{"label":"American Express","value":"1"},{"label":"Local schemes","value":"0"},{"label":"Other","value":"1"}]
Cross-Border E-Commerce
Online shoppers who have shopped cross-border
Cross-border proportion of total e-commerce
Value of cross-border e-commerce
Top cross-border shopping origin markets