5 key insights for online merchant entering or growing your business in Brazil, Russia, India and/or China. View the full webcast at http://www.globalcollect.com/bric_epayment_webcast.
3. Page 3
Country Population
GDP/capita
(USD)
eCommerce
Growth (%)
B2C (Billion
USD)
Internet
Users
Brazil 201 Mio 11,311 19.1% 18.1 B 102 Mio
Russia 143 Mio 14,819 19.7% 17.5 B 77 Mio
India 1,220 Mio 3,400 34.6% 16.3 B 213 Mio
China 1,350 Mio 7,400 65.3% 181.0 B 594 Mio
…For their unmatched growth potential!
Sources: CIA – The World Factbook | Internetworldstats.com | World population statistics, International Monetary Fund, World Economic Outlook Database, April 2014,
IAMAI, Internetlivestats, iResearch
4. Page 4
Takeaway #2 - There are some similarities….
• High E-com growth
• Relatively closed economies
• Government/central banks dominant
• E-com infrastructure less advanced
• E-com barriers (e.g. legal, repatriation)
5. Page 5
Takeaway #3 - Homogeny Doesn’t Work.
Each country requires its own game plan
6. Page 6
Takeaway #4 - Understand consumer and
cultural behavior
Country
Debt (% HH
Income)
Savings cc/capita dc/capita
Brazil 35% 17% 0.98 1.20
Russia 13% 26% 0.03 0.07
India 12% 24% 0.02 0.11
China 17% 47% 0.14 1.29
US 136% 7% 2.21 1.57
Debt vs. savings
Source: Mercuri International
Source: creditcards.com,
Source: Statista.com
Source: Mint, Komli Media
8. Learn More
Webcast Available On-Demand
www.globalcollect.com/bric_epayment_webcast
Agenda
BRIC Overview - Separating myth from reality
A deep-dive into each country
The growth opportunities
Market obstacles (regulatory, tax, logistics, payment, fraud, etc.)
Consumer payment behavior & preferences
What you need to set-up shop
Similarities and differences
Players
Payers
Gameplan
Sources:
Table debts vs savings creditcards.com,
Average B2C e-commerce sales… statista.com
Chinese data: Mercuri International
India: Mint, Komli Media
If you do not want to establish an entity look for PSP who does
Match your business with FOPs that support your needs (e.g. pricing, refunds, recurring, delayed settlement)
Analyze your business requirements, match to local preferences and then pick the fitting payment
Trust