The ultimate guide to unlocking eCommerce growth in Uruguay

Gain insights on eCommerce in Uruguay: Market size, growth, payment preferences, regulatory development, and more.

Montevideo Uruguay

Uruguay’s eCommerce market

A country with a population of only just about 3.5 million people, Uruguay has low extreme poverty, 91% smartphone penetration, and an economy that saw its eCommerce sector reach US$2.8 billion in 2020.

Uruguay’s eCommerce market is set to grow by 30% a year through 2024, and local payment methods account for 48% of the market’s volume.

Local payment habits in Uruguay

Alongside the usage of cards, alternative payment methods have begun to grow as more payment options are being introduced.
In a country where 60% of the population doesn’t own a credit card, in 2020, 52% of Uruguayans shopped online and 42% used the web to pay bills.

eCommerce report Uruguay blocked

Download now the report and gain insights into:

  • Uruguay’s market size and projected growth
  • Uruguay’s preferred payment methods utilized
  • The impact of COVID-19 on the sector