A research report released by Tendencias Digitalesin in September last year shows that in Latin America, more than half of Internet users are engaged in online shopping. As the strongest economies in South America countries, Brazil has a huge population base and a lower proportion of Internet users. Thus Brazil and China has become the most dynamic online market in the world. According to the data from E-Marketer, Internet users in Brazil in 2012 will exceed 8640 million. The data from Spanish "El Pairs" also shows the Brazilian small and medium-sized asset class has accounted for 52% of National voters, and this figure will be constantly increased over time.
In Brazil, local online payment system like Boleto pay has become the most popular payment gateway, however this also makes the internationally popular payment collection like PayPal less popular for their different payment habit.It is difficult for foreign trade investors to enter into Brazil market through electronic commerce, even if it has a firm foundation, its own development has also been bound layers. To get rid of the obstacles, merchants are bound to use an international payment gateway which has close link with the Boleto become imperative programs. Unfortunately, there is no such channel in Brazil. To solve the payment inconvenience, GlobeBill(www.globebill.com)
