AMIPCI: Online shopping spending in Mexico reached 162.1 billion pesos in 2014, up 34% year-on-year

According to a research report on e-commerce by the Mexican Internet Association (AMIPCI), the amount of online shopping consumption in Mexico reached 162.1 billion pesos (1 US dollar is about 15 pesos) in 2014, a year-on-year increase of 34%. The most common payment method is online transfer (78%), followed by convenience store payment (22%). The report also shows that among transactions on overseas e-commerce platforms, 64% of transactions are completed on US websites, and 36% of transactions are completed in Asian countries such as China. The main commodities traded in Mexican online shopping are clothing, electronic products and tickets for various activities.