Stay in the loop
Sign up for event alerts, as well as insights from our experts.
As presented by Telecompaper, according to data provided by Mexico’s National Institute of Statistics and Geography (INEGI), Mexico had over 46 million internet users at end-April, of which 62.6 percent were aged 12 to 34. Around 9.5 million households have internet connections – internet service penetration reaches 30.7 percent of Mexican homes. Geo-Mexico adds that 64% of users utilize the internet for information, 42% as a means of communication, 36% for entertainment, 35% for education and 35.1% for social networking.
Mobile internet services are used by around 17% of the internet customers. Regarding their behavior, Mexican subscribes prefer to access the internet from PCs (92%), followed by smartphones (74%), HDTVs (54%) and game consoles (41%).
Geo-Mexico points out that data from the Mexican Internet Association (AMIPCI) shows that Mexicans’ acceptance of e-Commerce is growing very rapidly. e-Commerce was worth around $9.3 billion in 2013 – an increase of 41% in comparision to the $6.6 billion registered in the earlier year. APIPCI data also presents that e-Commerce has risen at double digit rates for several years.
Once only about 6% of Mexico’s cybernauts currently use the internet to make purchases or pay bills, as presented by INEGI survey, there is still considerable room for e-Commerce market growth.
allpago international provides a full-spectrum of payment services in the LATAM region. allpago works as a payment gateway, a white label payment service provider (PSP) or a product and service reseller for merchants and payment service providers interested in the LATAM markets.
allpago’s features include one-click payments, recurring payments, instalments, dynamic descriptor and mobile payment solutions. The company’s html 5.0 code allows multiscreen and is as easy to implement into the store through the “plug and pay” feature. Furthermore, the company offers a fully integrated Risk Management Solution with more than 70 checks. allpago has recently become the first LATAM payment solution provider of the Merchant Risk Council (MRC).
Current clients include Art.com, Busuu.com, McAfee, Teamviewer, Twoo.com and many other leading payment or digital companies from various sectors.
Image courtesy of patrisyu / FreeDigitalPhotos.net
Explore other insights
You might enjoy these other nuggets of wisdom.