The payment landscape of B2C e-commerce marketplaces in Latin America and the Caribbean
Abstract
This paper studies the digital payments landscape of B2C e-commerce marketplaces in Latin America and the Caribbean. It presents the main characteristics of different digital payment methods, as well as their advantages and disadvantages. It also examines how digital payments contribute to financial inclusion and it describes the global and regional trends and prospects. It presents the main findings of an exhaustive analysis of payment methods accepted by more than 550 transactional marketplaces in 33 countries in LAC. It also examines the main obstacles to development of digital payments in LAC, especially regarding cross-border e-commerce, and proposes some initiatives to address those constraints.
Abstract
Abstract .-- Introduction .-- I. Digital payments at glance .-- II. The digital payment landscape for Latin America and the Caribbean .-- III. Addressing constraints to the development of digital payments .-- IV. Concluding remarks.
Serie
Serie Desarrollo Productivo No. 230ECLAC Subtopics
BUSINESS STRATEGIES ; INFORMATION AND COMMUNICATIONS TECHNOLOGIES (ICTS) ; INNOVATION, SCIENCE AND TECHNOLOGY ; TRADE FACILITATIONUnited Nations Subtopics
INTERNATIONAL TRADE ; TECHNOLOGICAL INNOVATIONS ; ELECTRONIC COMMERCE ; DIGITAL TECHNOLOGY ; TRADE FACILITATION ; INFORMATION TECHNOLOGY ; COMMUNICATION TECHNOLOGYCountry / Region
LATIN AMERICA AND THE CARIBBEANCollections
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