Brazilian Payments Almanac 2021-2022 - All about Brazilian digital market

Published: October 26, 2022

TP

Theodor Pintilie

26 Oct 2022 / 5 Min Read

Brazilian e-commerce sales remained robust in 2021, growing 27% to R$182.7 billion (US$39.6 billion). Over 12.9 million consumers adhered to e-commerce in the year, with the number of shoppers reaching 87.7 million. The figures show that the strong growth driven by the pandemic in 2020 was not temporary and that the segment continues to attract new shoppers. 
 
Cross-border e-commerce also grew significantly in 2021, with revenue rising 60% in relation to 2020. In all, 68% of Brazilian e-shoppers made purchases on international platforms in 2021. However, to tap this market, it is important to understand the favorite payment methods used by Brazilian consumers, such as Pix, the instant payment system that has been winning over users and growing in the e-commerce environment.
 
This eBook presents an overview of Brazil’s digital industry, especially the e-commerce and payment segments. Learn about the latest trends that international players must be aware of to expand their business to Brazil.

Get in touch with us!

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright