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Build a new audience and boost your revenue by selling into Costa Rica, leveraging our proven global infrastructure to enter new markets with ease..
*The sale of certain products in this market may be subject to international export regulations. If you would like to learn more about selling into this market, lets chat.
Costa Rica’s stable government and democratic traditions have made it historically the leader in the region for international business and tourism. With ports of entry on both coasts, and two international airports, U.S. exporters from the West, Gulf and East Coasts can have products in Costa Rica in less than a week and can easily travel to meet with sales representatives, distributors or end clients within the same day. One of the most common market entry options is to appoint an agent or distributor. Another option is to find a local partner who can provide market knowledge and contacts. Other businesses have been successful via licenses or franchises. The U.S. is Costa Rica’s largest trading partner and Costa Rica’s largest foreign direct investor. Costa Rica has few market entry challenges and U.S. products and services have an excellent reputation making Costa Rica a good market for U.S. companies.
Costa Rica has led the region in telecommunications network development and information technology initiatives and thus ecommerce has great potential. Ecommerce has spurred the creation of companies that transport merchandise from U.S. retailers to local markets. Delivery times vary, and all products imported are subject to local import duties and such as labeling and registration. Ecommerce within the country remains an unexploited opportunity as consumers tend to purchase directly from retail locations.
Available currencies will depend on the payment method provider, as well as any regulatory restrictions.
Digital River can support the sales of these types of products for this specific market.
Top payment methods include digital wallets and credit cards.
In Latin America, even though cash-based payments are hard to beat in ecommerce (with notoriously convenient kiosk cash payments methods such as Boleto Bancário, or OXXO setting the tone these days), central banks actively collaborate with the fintech environment and the government to create a climate of financial inclusion and offer unbanked citizens easy means of paying and purchasing online in faster and safer conditions.
The list below represents the current categories of payment options Digital River supports for this market.