Bogota, June 8 (IANS/EFE) E-commerce sales in Colombia amounted to nearly $2 billion last year, according to a report released Friday.
The study, prepared by the Chile-based firm Cuponatic, which also has operations in Colombia, Peru and Mexico, said purchases with online coupons accounted for $300 million of that total.
Colombians most often used e-coupons to purchase travel packages, technology, beauty and medical treatments and erotic products.
According to the head of Cuponatic's Colombia business, Camilo Perdomo, 25 percent of the e-commerce transactions in the Andean nation are made from smartphones or other mobile devices.
The report added that increasing numbers of Colombians are making their purchases online "for reasons of convenience, security and the speed with which they can find everything in one place".
Colombians surveyed for the study said the main advantage of e-commerce was that the Internet is available 24 hours a day, while the biggest drawback was that the range of options, products and payment methods could still be expanded.
--IANS/EFE
rd
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
