Latin America Online Payment Methods: Full Year 2014 code:1181

OVERVIEW
TABLE OF CONTENTS
COMPANIES MENTIONED
Countries Covered: Argentina, Brazil, Chile, Colombia, Dominican Republic, Mexico, Peru
Pages: 66
Publication Date: 16/03/2015
Download Free Sample
Questions Covered in the report:
  • What are the major online and mobile payment trends on the fast growing B2C E-Commerce
  • market in Latin America?
  • What are the most used payment methods in B2C E-Commerce and how do they differ across
  • various countries in the Latin America?
  • How are mobile and contactless payments developing in leading countries of the region?

Alternative Methods and Credit Cards Compete in Online Payment in Latin America

Online and mobile payments worldwide are forecasted to top three trillion Euros in the next five years. Mobile payment is the growth leader, outpacing online and the total payments market, with further growth expected following the launches of varying mobile payment solutions, including Apple Pay. Fast and one-touch checkout is a trend on the global online and mobile payment market, with one-touch solutions released by Amazon, PayPal and Apple Pay. Another trend is large payment companies preparing to separate from their E-Commerce parent companies. EBay announced plans to spin off PayPal, while Alibaba revealed that it will let Alipay go public after Alibaba’s own IPO. The players that have intensified their efforts on the payments markets in 2014 are social networks and messengers, with Twitter, Facebook and Snapchat launching peer-to-peer payments.

In Latin America, credit card and alternative payment methods compete hand to hand for the share of the fast growing B2C E-Commerce market. Region-wide, payment through online payment platforms was only slightly ahead of credit card by penetration on online shoppers in 2014, while in some countries also cash on delivery plays an important role. Furthermore, a common trend in the region was increased use of mobile devices for payment in online shopping, with close to a quarter of online payment users already having paid with smartphone at least once.

In the region’s largest market, Brazil, new regulations were adopted in 2013 and 2014, boosting the growth of online and mobile payments. Credit cards were used most in online purchases in Brazil, followed by local banking payment method Boleto Bancario. In Mexico, which ranks next to Brazil by B2C E-Commerce sales, both cash and credit cards were frequently used by online shoppers. Credit and debit cards were in the lead in online retail in Argentina, while close to half of Internet users did not shop online due to fears for safety of their credit card data. Also Colombia and Chile show growth in online and mobile payments: in Colombia payment transactions via mobile phone more than doubled, while in Chile one in every sixth Internet user carried out banking transactions online.

Read More Download Free Sample

1. Management Summary

2. Global Developments

  • Online and Mobile Payment Trends and News about Players, H2 2014
  • Online Payment Overview and Trends, H1 2014
  • Value of Digital Payments, in USD trillion, 2014e & 2019f
  • Value of B2C E-Commerce Payment Transactions, by Method, in USD billion, and in % CAGR, 2012 & 2017f
  • Number of B2C E-Commerce Payment Transactions, in billions, 2011 – 2015f
  • Number of Mobile Payment Transactions, by Bank and Non-Bank, in billions, 2011 – 2015f
  • Value of Mobile Payments, in USD billion, 2013 & 2014f
  • Mobile Wallet Market Value, in USD billion, 2012 & 2018f
  • Number of NFC Payment Users, in millions, 2014e & 2019f
  • Share of Consumers who Used Mobile Payment In-Store or in Online Shopping, by Selected Countries, 2014e
  • Breakdown of Mobile Wallet Usage and Attitude Among Users in Advanced Markets, in % of Respondents, 3 Months to March 2014
  • Major Concerns about Online Shopping, in % of Online Shoppers, May 2014
  • Reasons for Not Shopping Online, in % of Consumers who Do Not Shop Online, 2012 & 2013
  • Share of Consumers who Do Not Shop Online Because of Lack of Trust to Online Payment Methods, by Selected Countries, in %, 2013
  • Payment-Related Reasons for Not Shopping Online More Often, Compared to Other Reasons, in % of Online Shoppers Who Buy Online Less than Once a Month, by Selected Countries, September 2013
  • Payment Methods Perceived to be Safest, incl. Online, in % of Consumers, by Age Group, June 2014

3. Latin America

3.1. Regional

  • Online Shopper Penetration on Banked and Unbanked Population with Internet Access, in %, and Banking Penetration on Total Adult Population, in %, 2013
  • Profiles of Online Payment Users, by Regional and Country, in % of Online Payment Users, 2014e
  • Payment Methods used to Pay for Online Purchases, in % of Online Payment Users, 2014e
  • Share of Online Payment Users Paying with Smartphones, in %, 2014e
  • Potential Usage of New Payment Methods, incl. Mobile, in % of Online Payment Users, 2014e
  • Products and Services Paid for Online, in % of Online Payment Users, 2014e

3.2. Brazil

  • Online and Mobile Payment Trends and News about Players, H2 2014
  • Online and Mobile Payment Trends and News about Players, H1 2014
  • Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
  • Payment Methods Used in B2C E-Commerce, by Income and Age Goups, in % of Online Shoppers in Each Group, 2013
  • Payment Methods Used in B2C E-Commerce, by Gender, in % of Online Shoppers, 2013
  • Reasons not to Shop Online, in % of Internet Users Who Do Not Shop Online, incl. Payment, 2013
  • Share of Credit Card Owners Paying Online With Credit Card, in %, 2010 – 2013
  • Breakdown of the Most Used Payment Methods in B2C E-Commerce, in % Online Shoppers Who Own a Credit Card, 2013
  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
  • M-Commerce Activities Performed on Smartphone or Tablet, in % of Smartphone and/or Tablet Owners, incl. Purchasing via Payment Intermediary, June 2014
  • Reasons for not Shopping on Mobile, in % of Smartphone and/or Tablet Owners, incl. Absence of Credit Card, June 2014
  • Security Features that Make Users Feel Safer when Shopping on Mobile, in % of Smartphone and/or Tablet Owners, incl. Payment, June 2014

3.3. Mexico

  • Breakdown of Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2013
  • Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2013
  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
  • Barriers to Mobile Purchase, in % of Online Shoppers who Own Tablet/Smartphone, June 2014
  • Share of Shoppers with Access to Payment Methods for Mobile Shopping, by Online Shoppers Owning Smartphone and Tablet, in %, June 2014

3.4. Argentina

  • Breakdown of Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, June 2014
  • Payment Methods Used in B2C E-Commerce, in % of Online Shoppers, 2013
  • Payment Methods Offered in B2C E-Commerce, in % of Online Shops, 2013
  • Reasons for not Shopping Online, incl. Payment-Related, in % of Internet Users Who do not Shop Online, 2013 & 2014, Ranked by 2014
  • Online Payment Activities to be Carried Out if Greater Security is Guaranteed, in % of Internet Users, 2013 & 2014
  • Devices Used to Make Payments Online, in % of Online Payment Users, 2014e

3.5. Colombia

  • Breakdown of Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2013
  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
  • Number of Payment Transactions Conducted with Mobile Phone, in millions, 2012 & 2013

3.6. Chile

  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
  • Penetration of Online Payment Users on Internet Users, by Type of Payment Activity, by Location and Age Group, 2013

3.7. Peru

  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013

3.8. Dominican Republic

  • Most Used Payment Methods in B2C E-Commerce, in % of Online Shoppers, 2012 & 2013
Read More
  • Alipay
  • Amazon
  • Apple Pay
  • Boleto Bancario
  • Bradesco
  • Claro
  • Facebook
  • Google
  • MasterCard
  • MercadoPago
  • Mytaxi
  • Nanaco
  • Paym
  • PayPal
  • Pingit
  • Rakuten Eby
  • Skrill
  • SumUP
  • Twitter
  • Uber
  • Zapp
Read More

RELATED REPORTS

North America Online Payment Methods: Full Year 2014

Foto_Reportes_Online-Payment

Publication Date: 12/03/2015

Regions Covered: North America

Countries Covered: Canada, USA

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Europe Online Payment Methods: Full Year 2014

Foto_Reportes_Online-Payment

Publication Date: 12/03/2015

Regions Covered: Europe

Countries Covered: Austria, Belarus, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Romania, Slovenia, Spain, Sweden, Switzerland, Turkey, UK

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Asia-Pacific Online Payment Methods: Full Year 2014

Foto_Reportes_Online-Payment

Publication Date: 12/03/2015

Regions Covered: Asia-Pacific

Countries Covered: Australia, China, India, Indonesia, Japan, Malaysia, Pakistan, Thailand, Vietnam

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Global Online Payment Methods: Full Year 2014

Foto_Reportes_Online-Payment

Publication Date: 11/03/2015

Regions Covered: Africa - Asia-Pacific - Eastern Europe - Europe - Global - Latin America - Middle-East - North America - Western Europe

Countries Covered: Argentina, Australia, Austria, Belarus, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Dominican Republic, Estonia, Finland, France, Germany, Greece, Hungary, India, Indonesia, Italy, Japan, Kenya, Malaysia, Mexico, Morocco, Netherlands, Nigeria, Norway, Pakistan, Peru, Poland, Romania, Russia, Singapore, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam

Categories:

?

Single License

One individual may access and download the report

Site License

Up to ten regional employees of an organization may access and download the report

Global License

Up to ten global employees of an organization may access and download the report

View Report Details
View Report Details

Forgot your Password?

We will send you and e-mail with a link to
recover your password

POST NEW COMMENT

SHARE THIS POST