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Shopify Local and Alternative Payment Methods in Bolivia

Population

12,581,843

Currency

Bolivian Boliviano

With over 12 million people, Bolivia presents a growing eCommerce market. The country uses the Bolivian Boliviano (BOB) as its currency, and Spanish and Quechua are the main languages spoken in the country. Shopify merchants looking to enter Bolivia need to offer familiar payment solutions to ensure smooth transactions and high conversion rates.

Why Target Bolivia’s eCommerce Market?

Bolivian shoppers prefer local payment methods over international credit cards. With platforms like Tigo Money, PagoExpress, SoliPagos, and Red Enlace, businesses that integrate these options can significantly boost their conversion rates. By using CartDNA’s Shopify payment solutions, even merchants who live outside Bolivia or have no physical presence in the country can start selling to this growing market.

Key Benefits of Local Payment Methods for Shopify Merchants

  • Higher Conversion Rates – Bolivian customers trust local payment methods, reducing cart abandonment.
  • Faster Transactions – Using platforms like Tigo Money ensures quicker checkout experiences.
  • Market Expansion – Reach millions of shoppers who prefer local payment systems.
  • Better Customer Trust – Local payments indicate reliability and trustworthiness.
  • Easy Integration with CartDNA – Start accepting payments without needing a Bolivian business presence.

Get in touch with CartDNA today and start your journey to capturing Bolivia’s growing eCommerce market!

Bolivia