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Shopify Local and Alternative Payment Methods in Paraguay

Population

7,013,078

Currency

Paraguayan Guaraní

With over 7 million people, Paraguay presents an emerging eCommerce market. The country uses the Paraguayan Guarani (PYG) as its currency, and Spanish and Guaraní are the official languages. Shopify merchants looking to tap into Paraguay’s market should offer local payment options to ensure smooth transactions and high conversion rates.

Why Target Paraguay’s eCommerce Market?

Paraguayan shoppers prefer local payment methods over international credit cards. With platforms like Pagopar, Bancard, and Redcompra, businesses that integrate these options can significantly boost their conversion rates. By using CartDNA’s Shopify payment solutions, even merchants who live outside Paraguay or have businesses registered elsewhere can start selling to this growing market without needing a physical presence in Paraguay.

Key Benefits of Local Payment Methods for Shopify Merchants

  • Higher Conversion Rates – Customers prefer using familiar local payment methods, reducing cart abandonment.
  • Faster Transactions – Streamlined payment options ensure quick and efficient transactions.
  • Market Expansion – Reach more customers by offering local payment preferences.
  • Better Customer Trust – Providing local payment methods builds credibility with local shoppers.
  • Easy Integration with CartDNA – Accept local payments without needing a physical presence in Paraguay.

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

Paraguay