Payment Solutions in Peru
Peru’s payment landscape is shifting, with cash still prevalent, especially outside urban areas, but digital and alternative options are gaining traction. The use of credit and debit cards is increasing in cities, while e-commerce growth has spurred the adoption of mobile wallets like Yape and Plin. In 2023, e-commerce generated $9.3 billion, with nearly half of consumers using mobile wallets or bank transfers for online purchases. Newer methods, including QR codes and contactless payments, are also becoming popular, reflecting the country’s move toward more digital payment solutions.
34.2 million
25.8 million
PEN
$9.75 billion
$275.9 billion
$6,656.00
UBank Connect offers tailored payment solutions in Peru, providing businesses with flexible options like cash and credit card payments, bank transfers, and e-wallets. These methods allow companies to reach a diverse customer base, from traditional shoppers who prefer cash to tech-savvy consumers using digital wallets. By streamlining transactions and supporting businesses across industries, UBank Connect helps improve cash flow and customer satisfaction in Peru’s dynamic market. Strengthen your business operations with UBank Connect’s secure and efficient payment solutions today.
Discover how UBank Connect can enhance your payment solutions in Peru. Contact us today to learn more about how we can support your business. Let’s connect and take your payment processes to the next level.
United Kingdom
71-75 Shelton street, Covent Garden, London, WC2H 9JQ
Copyright © 2024 UBank Connect. All Rights Reserved.
