Market guide · Latin America
Selling in Peru
Card use is rising in Peru, and the bank wallets Yape and Plin are now part of daily life. Cash payment references remain important for shoppers without cards.
| Currency | Peruvian sol (PEN) |
|---|---|
| Languages | Spanish, Quechua |
| Region | Latin America |
| Local acquiring | Available |
| Settlement | T+3 |
| Payout rail | CCE transfers · Same day |
| Import consumption tax | IGV · 18% |
Popular payment methods
Share of online payments by method. Illustrative figures.
| Visa, Mastercard, Amex | 62% (62% of online payments) |
|---|---|
| Mercado Pago | 15% (15% of online payments) |
| PayPal | 5% (5% of online payments) |
How to launch in Peru
- 1Open a sandbox accountTest every flow for Peru with test cards and methods before you sign anything.
- 2Turn on local methodsStart with Mercado Pago, PayPal.
- 3Process domesticallyDomestic processing in Peru avoids cross-border fees and lifts approval rates.
- 4Settle in your home currencyPayments convert at a published margin before settlement.
- 5Check import rulesConfirm how IGV is collected on your goods before your first shipment.
- 6Go liveVerify your business, switch your keys and watch the first orders arrive.
Duties and import tax
IGV at 18% applies to most imported goods.
Thresholds: Small courier shipments below a set value enter duty free
Regulatory notes
- Shoppers' national identity numbers are often collected for invoices and receipts.
- Digital services from abroad are being brought into the IGV system.
Placeholder notes for the prototype, not legal advice.
Customer story nearby
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seller payouts on local rails · Illustrative
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Lucas Ferreira, Co-founder & CTO Read the story: Basalt Marketplace