Panama Ecommerce Table of Contents
Every year, the amount of Panamanians who are online is growing. The latest figures show that about 69 percent, more than 2.9 million, are internet users. Approximately 95% of those users shop with a mobile device or desktop online. The majority of financial institutions provide online banking services (i.e., Banco General's 'Yappy'). Some little agricultural producers are able to meet a greater number of buyers through applications such as 'Mercadito.
Panamanians have become considerably popular with delivery sites. Degusta offers restaurant tips, another very well-known website in Panama. Large retailers have continuing growth in their eCommerce sales and offer online shopping. Recently, E-commerce was adopted by the Zona Libre de Colon, the biggest free-trade area in the Americas. New logistics platforms for increased production are included in the draft amendments. Companies who want to do e-Commerce in Panama should meet a number of criteria established by their visit to the Ministry of Commerce and Industry's General Directorate of E-Commerce.
This government body is responsible for monitoring and acting in the regulatory capacity of the eCommerce laws (Law 43 and Law 51). Electronic signatures are a civil device in Panama, rather than property transfers and estates.
The National Digital Agenda 2020 project of the Cortizo administration encourages openness through technology and creativity. There are currently 142 online public utilities. The aim is that by 2020 400 providers will be reached online. SAP under the ISTMO name enables transfers of payments to providers electronically. Maritime consulates around the world are now using online payment gateways. Panama has ranged 83rd in 2019 in terms of government capacity for the digital supply of public services, according to the United Nations E-Commerce Development Index (EGDI).
Over the last few years, Panama has seen steady economic growth, which has had a positive impact on the telecommunications sector in the region, drawing substantial investments from major foreign operators such as Telefonica, America Movil, and Liberty Global. This has led to the rapid growth of mobile and broadband networks in the Region. There were almost 3 million internet users in Panama in 2017, with a rate of penetration of 69.7%.
Internet penetration has been growing in recent years, driven by increased customer service demand and incentives for highly connected Panama by the government. 46.7% of homes were computerized in 2017, with 60.7% having wifi at home. Additionally, there were 7.9 subscriptions per 100 inhabitants for fixed broadband, while there were 60.7 subscriptions per 100 inhabitants for mobile broadband. In recent years the telecom industry has grown considerably and the rate of mobile penetration is over 180%, far higher than the regional average.
The Panama retail market is powerful but e-commerce is still early. E-commerce is valued at 700 million dollars in Panama in 2018. A number of Panama companies have websites and an increasing number of companies are working to have their own, in particular supermarkets, fast food products supplies, and consumer electronic shops. In the world, there is a strong use of smartphones and other electronic devices. Now more consumers can buy products and services on the Internet, independently of where they operate and which fuels the development of e-commerce.
Foreign investors are gaining interest in Panama, mostly because of its tax benefits and the US dollar-based economy. This combination of factors seems especially promising for companies who intend to invest internationally in the e-commerce field. Some of the country's most popular eCommerce websites are find24.com, olx.com.pa, and Amazon, Ebay, or AliExpress.
Scroll down to read our indepth Ecommerce Platforms guide. What you should know, Ecommerce Platforms features, price plans and support. Pros and Cons of Ecommerce Platforms as a ecommerce, everything is explained below.
Shopify is a software company that specialises in ecommerce software for small to enterprise level businesses.
Shopify is listed as the best ecommerce software related to Ecommerce Platforms. Shopify was founded in 2006 in Ottawa, Canada and currently has over 6,124 employees registered on Linkedin.
Lets see how Shopify compare to other ecommerce platforms out there.
Name | Rating | Established | Head Office |
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9.9 | 2006 | Ottawa, Canada |
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9.8 | 2006 | Ottawa, Canada |
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9.7 | 1999 | Austin, TX |
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9.7 | 2005 | San Francisco, CA |
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9.7 | 1997 | Tamarac, FL |
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9.7 | 2005 | Salt Lake City, UT |
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9.7 | 2009 | Encinitas, CA |
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9.6 | 2000 | Dublin, Ireland |
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9.6 | 2001 | Frisco, TX |
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9.6 | 2008 | Chennai, Tamil Nadu |
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9.6 | 2016 | Carmel, IN |
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9.6 | 2006 | Montreal, Canada |
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9.6 | 1999 | Cologne, Germany |
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9.6 | 2019 | Victoria, Canada |
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9.5 | 2007 | Wellington, New Zealand |
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9.4 | 1995 | Seven Fields, PA |
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9.2 | 2011 | Los Angeles, CA |
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9.2 | 2008 | Yaroslavl, Russia |
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9.2 | 2005 | Santa Barbara, CA |
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9.2 | 2011 | San Francisco,United States |
*please check with the vendors directly for the latest pricing.
Name | Price | Duration |
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$29 - $299 | Per month, Per month, Per month, |
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$29 - $299 | Per month, Per month, Per month, |
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$RequestPricing - $RequestPricing | |
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$0 - $99 | Per month, Per month, Per month, Per month, Per year, Per year, Per year, |
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$29 - $299 | Per month, |
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$9.99 - $Free | Per month, Per month, Per month, |
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$0 - $99 | Per month, Per month, Per month, Per month, Per year, Per year, Per year, |
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$RequestPricing - $RequestPricing | |
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$RequestPricing - $RequestPricing | |
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$99 - $299 | Per month, Per month, Per month, |
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$79 - $299 | Per month, Per month, Per month, Per year, Per year, Per year, |
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$36.16 - $36.16 | Per month, |
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$RequestPricing - $£79 | Per month, Per month, Per month, |
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$1.7 - $1.7 | one-time/user, |
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$85 - $295 | Per month, Per month, Per month, |
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$RequestaFreedemo - $RequestaFreedemo | |
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$RequestPricing - $RequestPricing | |
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$66.58 - $799 | Per month, Per month,One Time Free, |
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$GetPrice - $GetPrice | |
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$10 - $10 | Per month, |
Name |
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Shopify Features
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Shopify Plus Features
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Volusion Features
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WooCommerce Features
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3dcart Features
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Big Cartel Features
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Ecwid Features
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Kooomo Features
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Ecomchain Features
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Contalog Features
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PayKickstart Features
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Upclick Features
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Trusted Shops Features
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PayMotion Features
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Storbie Features
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Nexternal eCommerce Platform Features
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Virto Commerce Features
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nopCommerce Features
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FastSpring Features
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Gumroad Features
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Customer service is very important when using a ecommerce like Shopify.
When investing in and dealing with a ecommerce for your business, timely customer support is essential.
Customer service includes assistance in installation, training, troubleshooting, upgrading, and cancellation of a product or service.
Your ecommerce solution should offer customer support that includes Phone answering services, Live chat support and Email customer service support.
Shopify and Shopify Plus offer support where clients are able to call or contact the helpdesk via email or a chat service.
Name | Support Rating | Support | Languages |
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8.4 | Phone, Email | English |
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8.5 | Phone, Email, Live Chat | Danish, German, English, Finnish, French, Hindi, Japanese, Korean, Malay, Dutch, Norwegian, Portuguese, Spanish, Swedish, Thai, Turkish, Chinese (Simplified), Chinese (Traditional) |
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7.3 | Phone, Email, | English |
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7.4 | Phone, Email | Afrikaans, Arabic, Danish, German, English, Finnish, French, Hebrew, Italian, Japanese, Korean, Dutch, Norwegian, Spanish, Swedish, Turkish, Chinese (Simplified) |
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8.4 | Phone, Email, Live Chat | English |
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8.1 | Phone, Email | English |
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9.6 | Phone, Email | German, English, French, Indonesian, Italian, Dutch, Portuguese, Russian, Spanish |
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9.4 | Phone, Email, Live Chat | Xhosa, Tonga (Tonga Islands), Samoan, Maori, Maltese, Fijian, Tibetan, Chinese (Simplified), Vietnamese, Uzbek, Urdu, Ukrainian, Turkish, Thai, Telugu, Tatar, Tamil, Swedish, Swahili, Serbian, Albanian, Spanish, Slovenian, Slovak, Russian, Romanian, Quechua, Portuguese, Polish, Punjabi, Norwegian, Dutch, Nepali, Malay, Mongolian, Macedonian, Marathi, Malayalam, Lithuanian, Latvian, Latin, Korean, Central Khmer, Georgian, Japanese, Italian, Icelandic, Indonesian, Armenian, Hungarian, Croatian, Hindi, Hebrew, Gujarati, Irish, French, Finnish, Persian, Basque, Estonian, English, Greek, German, Danish, Welsh, Czech, Catalan, Bulgarian, Bengali, Arabic, Afrikaans |
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9.7 | Phone, Email | Arabic, German, English, French, Gujarati, Hindi, Italian, Latin, Malayalam, Nepali, Punjabi, Polish, Portuguese, Spanish, Urdu, Chinese (Simplified) |
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10.0 | Phone, Email | English |
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9.7 | Phone, Email, Live Chat | Arabic, Czech, Danish, German, English, French, Hebrew, Hindi, Hungarian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Portuguese, Russian, Slovenian, Spanish, Serbian, Vietnamese, Chinese (Simplified) |
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4.0 | Phone, Email | English |
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10.0 | Phone, Email | English |
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10.0 | Phone, Email | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hindi, Indonesian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Vietnamese, Chinese (Simplified) |
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9.8 | Phone, Email | English |
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9.6 | Phone, Email, Live Chat | English |
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8.9 | Phone, Email | German, English, French, Italian, Dutch, Norwegian, Russian, Spanish, Swedish, Chinese (Simplified) |
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7.7 | Phone, Email | Arabic, German, English, Persian, French, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Vietnamese, Chinese (Simplified) |
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9.1 | Phone, Email, Live Chat | Arabic, Czech, Danish, German, Greek, English, French, Croatian, Hungarian, Italian, Japanese, Korean, Latvian, Lithuanian, Dutch, Polish, Portuguese, Russian, Slovak, Spanish, Serbian, Swedish, Turkish, Chinese (Simplified) |
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10.0 | Phone, Email | English |
Ensure that the ecommerce solution you decide upon provides the exact range of tools your organisation needs. Check ECOMMERCE is a good fit for your business.
An important factor for business owners to consider when looking for a Ecommerce like Shopify is the support and educational resources the Ecommerce platform can offer.
Choose a ecommerce that is considered an industry-leader with a well tested and well known software platform.
If you are thinking of using the Shopify platform you will need to know that Shopify is ecommerce that you can rely on.
Shopify is the best Ecommerce solution by overall rating based on price, support and feature set.
Shopify is the cheapest Ecommerce solution, price plans start at $29 and goes all the way up too $299 depending on the plan.
Some Ecommerce providers offer free plans, but its best to go with a provider that 100% is able to fulfill your needs rather than go cheap. Especially for your business.
The most popular Ecommerce solutions are Shopify, Shopify Plus, Volusion, WooCommerce. This is measured by number of active users and overall rating.
Overall rating | 84% |
Support Rating | 88% |
Setup Rating | 84% |
Price Plan | Price | Price Plan Duration |
Basic | $29 | Per month |
Professional | $79 | Per month |
unlimited | $299 | Per month |
Overall rating | 85% |
Support Rating | 88% |
Setup Rating | 85% |
Price Plan | Price | Price Plan Duration |
Mid-Market | $29 | Per month |
Enterprise | $79 | Per month |
$299 | Per month |
Overall rating | 73% |
Support Rating | 88% |
Setup Rating | 73% |
Price Plan | Price | Price Plan Duration |
Mini | Request Pricing | |
Plus | ||
Pro | unknown | |
Premium | unknown | |
unknown |
Overall rating | 74% |
Support Rating | 88% |
Setup Rating | 74% |
Price Plan | Price | Price Plan Duration |
Small-Business | $0 | Per month |
Mid-Market | $15 | Per month |
Enterprise | $35 | Per month |
$99 | Per month |
Overall rating | 84% |
Support Rating | 88% |
Setup Rating | 84% |
Price Plan | Price | Price Plan Duration |
3dcart BASIC | $29 | Per month |
3dcart PLUS | $299 | |
3dcart PRO | ||
3dcart Enterprise | unknown | |
unknown |
Overall rating | 81% |
Support Rating | 88% |
Setup Rating | 81% |
Price Plan | Price | Price Plan Duration |
Titanium | Free | Per month |
Diamond | $9.99 | Per month |
Platinum | $19.99 | Per month |
Gold | $29.99 | |
Overall rating | 96% |
Support Rating | 88% |
Setup Rating | 96% |
Price Plan | Price | Price Plan Duration |
Free | $0 | Per month |
VENTURE | $15 | Per month |
BUSINESS | $35 | Per month |
UNLIMITED | $99 | Per month |
$12.50 | Per year |
Overall rating | 94% |
Support Rating | 88% |
Setup Rating | 94% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 97% |
Support Rating | 88% |
Setup Rating | 97% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Basic Terms | $99 | Per month |
Small Terms | $199 | Per month |
Growing Terms | $299 | Per month |
Overall rating | 97% |
Support Rating | 88% |
Setup Rating | 97% |
Price Plan | Price | Price Plan Duration |
Premium Plan | $99 | Per month |
Professional Plan | $199 | Per month |
Basic Plan | $299 | Per month |
$79 | Per year |
Overall rating | 40% |
Support Rating | 88% |
Setup Rating | 40% |
Price Plan | Price | Price Plan Duration |
Small-Business | 36.16 | Per month |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | £79 | Per month |
Mid-Market | £129 | Per month |
Enterprise | Request Pricing | Per month |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | 1.7 | one-time/user |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 98% |
Support Rating | 88% |
Setup Rating | 98% |
Price Plan | Price | Price Plan Duration |
Small-Business | $85 | Per month |
Mid-Market | $125 | Per month |
Enterprise | $295 | Per month |
Overall rating | 96% |
Support Rating | 88% |
Setup Rating | 96% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request a Free demo | |
Mid-Market | ||
unknown |
Overall rating | 89% |
Support Rating | 88% |
Setup Rating | 89% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 77% |
Support Rating | 88% |
Setup Rating | 77% |
Price Plan | Price | Price Plan Duration |
Small-Business | $66.58 | Per month |
Mid-Market | $99.67 | Per month |
Enterprise | $299 | One Time Free |
$799 |
Overall rating | 91% |
Support Rating | 88% |
Setup Rating | 91% |
Price Plan | Price | Price Plan Duration |
Small-Business | Get Price | |
Mid-Market | ||
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | 10 | Per month |
Mid-Market | ||
Enterprise | unknown | |
unknown |
If you feel some of the above ecommerce solutions are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ecommerce below.
You can read some of our Ecommerce side by side vs page comparisons.
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