More online than ever, the e-commerce market has reacted positively, posting with a growth of 25.8% in 2018. As a natural consequence, different payment methods for local and international websites were used by online consumers.

When analyzing Latin America from an e-commerce perspective, it is vital to have a clear statistical notion of the presence, speed and growth of the internet in the region. The growth of internet usage equates to reassurance for e-commerce merchants.

Although online sales in the LATAM market are expected to increase 19% in the next five years, consumer trust is still an issue that needs to be addressed. What can companies do to promote a healthier relationship with the public they are trying to reach?

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E-commerce merchants seeking to do business in LATAM face exciting times as internet penetration grows and enables unprecedented access to local consumers. The borderless nature of online shopping also means being able to pay across regional borders.

A blooming e-commerce growth that reaches two digits and a considerable gross domestic product (GDP) are building a promising scenario for international merchants in the country.

In LATAM, shoppers may postpone their online transactions more, but expect a seamless experience. To conquer this market, providing several local payment options and converting to local currencies is crucial for consumers to confidently close the sale.

Are you wondering what the future holds for international platforms conducting business in Latin America, one of the top regions in the world for e-commerce growth? We take a closer look at the challenges and opportunities of e-commerce in LATAM.