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Dominican Republic

A Central American market in the midst of expansion

The Dominican Republic shows sustained growth in e-commerce (10% annually), driven by high banking penetration and online penetration.

Demographics and market overview

A look at the Dominican market

Its 11 M inhabitants and 1.4 M online shoppers, with an e-commerce market approaching USD 2 MM in turnover, augur an attractive e-commerce industry, which promises to continue growing.

60% of Dominicans have an account in a financial institution and 32% have at least one debit card.

Payment Methods

How do Dominicans pay?

International payment methods and cross-border transactions (representing 78% of e-commerce transactions) dominate this market.