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Local and Alternative Payment Methods in Peru

Peru, with over 32 million people, is a booming e-commerce market. The currency is the Peruvian Sol (PEN), and the main language is Spanish, with Quechua and Aymara also spoken in some regions.

The e-commerce and online payment sectors are expanding rapidly. For online merchants, using local payment methods is crucial for boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.

Benefits of Local Payment Methods:

• Increase sales
• Reduce cart abandonment
• Enhance customer satisfaction
• Build customer loyalty
• Gain trust and stand out in the market

Offering local payment options connects you with millions of potential customers in Peru and drives growth.