Paraguay’s e-commerce landscape offers a range of payment methods that cater to both traditional and digital preferences. From card payments to cash on delivery, bank transfers, and the growing adoption of Buy Now, Pay Later (BNPL) options, Paraguayan consumers enjoy flexibility when shopping online. The integration of the Instant Payment System (SPI) and the rise of digital wallets further enhance the efficiency and security of online transactions. This guide explores the key payment methods shaping Paraguay’s e-commerce environment.
Payment by Card in Paraguay
In Paraguay, Visa and Mastercard are the most widely used cards for e-commerce transactions. Debit cards are generally more common than credit cards, but both are frequently used by consumers. Paraguayans prefer card payments for their security and convenience.
There is no dedicated local card scheme in Paraguay. Instead, card payments are processed through international networks such as Visa, Mastercard, and American Express. Most transactions are managed by local banks in collaboration with these international networks. Bancard, a local company, processes card transactions and provides infrastructure to support online payments, ensuring smooth integration for merchants.
Paraguayan merchants often implement 3D Secure to protect against card-not-present fraud, improving transaction security. Card transactions are typically made in PYG (Paraguayan Guarani), but some merchants accept payments in USD. Processing fees vary depending on the acquirer and card type.
Payment by cash in Paraguay
In Paraguay, cash payments remain common for e-commerce, particularly through Cash on Delivery (COD). Many Paraguayan consumers prefer paying in cash upon receiving their products, especially in regions where card usage is lower.
Bancard, a key player in Paraguay’s payment infrastructure, supports cash-based payments through partnerships with local services. Bancard enables consumers to pay for online purchases at physical payment points, such as convenience stores or service centers, after placing an order online. Once the payment is confirmed, the merchant processes the order.
While COD offers flexibility to customers, it carries risks for merchants, such as failed deliveries or refusals to pay. Despite the growth of digital payments, cash-based methods remain important for e-commerce in Paraguay, particularly for unbanked or card-averse consumers
Local actors : Bancard
Payment by bank transfer in Paraguay
In Paraguay, bank transfers are a popular payment method for e-commerce, especially for large transactions. Consumers value the security and simplicity of bank transfers. Paraguay’s Instant Payment System (SPI) plays a crucial role in facilitating real-time payments, allowing consumers to transfer funds instantly, 24/7. This system helps reduce delays, ensuring that transactions are processed immediately, improving the e-commerce experience.
Bancard, a key payment processor in Paraguay, supports SPI, enabling merchants to offer instant payment options. SPI allows for faster transaction confirmations, making it ideal for consumers who prefer quick, secure payments without using cards.
Overall, SPI is modernizing Paraguay’s payment ecosystem, making bank transfers an efficient and secure option for e-commerce, alongside traditional payment methods.
Local actors :Bancard
Payment by BNPL in Paraguay
In Paraguay, Buy Now, Pay Later (BNPL) is gaining traction in e-commerce, allowing consumers to split their payments into manageable installments. This payment method makes higher-value purchases more accessible without requiring upfront payment.
Local providers like Bancard and major international platforms such as Kueski Pay and Aplazo are entering the market, offering BNPL solutions for Paraguayan consumers. These services allow shoppers to pay in installments over a set period, often without interest for short-term plans.
BNPL is primarily used for electronics, fashion, and other high-ticket items, increasing flexibility for consumers and helping merchants boost conversion rates. It is becoming an important part of Paraguay’s e-commerce ecosystem, making purchases more convenient and financially manageable.
Local actors :Bancard
Payment by digital wallet and X-Pay in Paraguay
In Paraguay, e-wallets are increasingly popular for e-commerce payments, offering quick and secure options. Google Pay, Apple Pay, and Samsung Pay are accepted by many local platforms, allowing seamless payments using stored card details.
Local solutions like Billetera Personal, Tigo Money, and Zimple are widely used. Zimple enables users to link bank accounts or cards, facilitating instant transfers and payments for e-commerce purchases. It integrates with local merchants, providing fast, secure transactions.
E-wallets reduce the need for manual card input, improving checkout speed and security. These solutions support payments in PYG and other currencies, making them versatile for local and international transactions.
Local actors : Zimple, Billetera Personal, Tigo Money
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