Interconnecting Europe and Latin America
Insights and opportunities for regional expansion success
The ties between Latin America and Europe are fostering new commercial and cultural opportunities.
Driven by cultural alignment and remarkable growth in eCommerce, this relationship presents vast growth potential for European companies in Latin America. Understanding these unique opportunities and complexities is vital for navigating this vibrant landscape.
The document titled "Nuvei: Interconnecting Europe and Latin America" offers insights into the expanding connectivity between these two regions in terms of commerce and payments. It delves into the opportunities and challenges presented by the growing cross-border trade and collaboration between Europe and Latin America.
USD $1 billion cross-border share with European merchants in Latin America is in 2023, growing more than 20% per year. Latin America's online alternative payment methods are estimated to represent nearly 40% of total online payments in 2023.
By examining market trends, regulatory frameworks, and consumer behaviors, the document provides valuable guidance for businesses seeking to navigate and capitalize on this interconnection. Moreover, it highlights the role of Nuvei in facilitating seamless cross-border transactions and enabling businesses to tap into the vast economic potential of these interconnected markets.
As businesses look to expand their reach across continents, understanding and leveraging the synergies between Europe and Latin America emerge as key drivers for success in the global marketplace.
Download to learn:
- How European companies can leverage the LATAM cross-border eCommerce market, which is currently growing more than 20% per year
- About the historical and modern connections, from shared language to aligned economic interests that make collaboration a success
- How to target top earners in Latin America through tailored and differentiated payment solutions