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E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, per EBANX Study

Mobile purchases will spur digital commerce growth, while smartphones become Latin Americans' new cash pocket, as shown by EBANX's Beyond Borders 2021/2022 study Latin America's digital commerce market is expected to grow by a whopping 37 percent by the end of 2021 and expand at a double-digit pace across the region through 2025, with some of LatAm’s current powerhouse

E-commerce in Latin America to Expand 37 Percent in 2021, as Pix and Digital Wallets Lead the Charge in Payments, Per EBANX Study

Latin America's digital-commerce market is expected to grow by a whopping 37 percent by the end of 2021 and expand at a double-digit pace across the region through 2025, with some of LatAm’s current powerhouse countries such as Brazil and Mexico expected to grow steadily at about 30 percent per year, and newly emerging markets including Bolivia, Guatemala, Paraguay and Peru

E-commerce in Latin America to expand 37 percent in 2021, as Pix and digital wallets lead the charge in payments, per EBANX study

EBANX Starts Offering MACH s Digital Wallet for International Online Purchases in Chile

Payments 03:15 pm EBANX, a global fintech that provides payment solutions in Latin America, has announced a partnership with MACH, the largest digital bank in Chile. Global companies and international websites will now be able to offer MACH s digital wallet as an additional payment option to its customers in the country, expanding their total addressable market with one single integration. With that, EBANX now integrates with six digital wallets as a payment method in Latin America, being one of the pioneers in this payment solution for international e-commerce. We are very happy to offer MACH Pay as one more important payment option in Chile, the most digitized market in Latin America and where e-commerce is expected to grow by 23% in 2021. Digital payment methods are booming throughout the region, and this partnership between MACH and EBANX will surely expand access to global products and services and allow global companies to reach new customers in Chile, says

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