Ranking in the top 5 countries for overall retail ecommerce growth, Mexico continues to show promise for international expansion. However, while 80% of the country's online shoppers are estimated to have made cross-border purchases, a lack of financial inclusion and low internet penetration create barriers for brands looking to reach the region's many buyers. To effectively engage this market, brands need to offer flexible and familiar payment methods used in the region, such as installment payments or offline cash payment options like OXXO - and understand that approximately 98% of the country's online purchases are made via smartphone.
- Preferred Languages:
- Mexican Peso - MXN
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Our experienced legal, financial, compliance and local-market experts provide in-depth global analytics for your business, as well as duty and tax calculations so that you can expand your business to new markets with certainty and ease.
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