Story perspectives

Latin America’s Digital Commerce Booms with Innovative Payments

9/10/2025

Summary

Story summary

Latin American emerging markets, including Colombia, Peru, and Chile, are rapidly growing in digital commerce due to local payment innovations.
Colombia's mobile payment platform Nequi shows significant financial inclusion, with a 33% month-over-month transaction growth.
Peru's e-commerce is expected to hit USD 60 billion by 2027, integrating cash culture with digital wallets like Yape.
Chile is shifting from card payments to instant transfers, attracting younger consumers.
The EBANX Payments Summit emphasized local payment strategies for global merchants in these markets.

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Story summary

Latin American emerging markets, including Colombia, Peru, and Chile, are rapidly growing in digital commerce due to local payment innovations.
Colombia's mobile payment platform Nequi shows significant financial inclusion, with a 33% month-over-month transaction growth.
Peru's e-commerce is expected to hit USD 60 billion by 2027, integrating cash culture with digital wallets like Yape.
Chile is shifting from card payments to instant transfers, attracting younger consumers.
The EBANX Payments Summit emphasized local payment strategies for global merchants in these markets.