As 2025 comes to a close and we can already hear the Christmas bells, the LetPay team is heading into 2026 stronger, faster, and more focused than ever. We’ve spent the year staying close to our clients—listening, sharing ideas, and growing together. We believe true partnership goes beyond processing; it’s about building smarter and more confidently.
In this Q4 edition of High risk insider, we’re sharing the key LatAm payment insights you can trust. We’ll bust the myths around the new PIX “buzz button” and put a new high-growth market on your radar.
The PIX “Buzz Button” Explained: No New Chargeback Risk
You’ve likely heard the buzz: “PIX now has a button to reverse payments… huh?”. It sounded like a chargeback earthquake, but LetPay is here to clarify: nothing has changed for merchants.
This is not a new chargeback system. Here’s what you need to know:
- It’s an Existing Process: This button just makes it easier to start the existing MED (Mecanismo Especial de Devolução) process online, which Brazil’s Central Bank launched in 2024 and upgraded in 2025.
- It Targets Fraud Only: The MED system is designed only for cases where the receiving account belongs to a criminal. It is not for purchase disputes or transaction errors.
- Proof is Required: Users must still provide proof and a police report to initiate the process.
So yes, there’s a new button, but no new chargeback risk. PIX stays fast, secure, and merchant-friendly.
LatAm Payment Insights: Why Ecuador is on Your Radar
In Ecuador, you’ll be greeted with “¡Bienvenido, mi pana!”, a friendly local expression that means “Let’s do business!”. This is a market to watch.
Key Market Stats:
- Population: ~18 million
- Mobile Penetration: 80%
- Dollarized Economy: This simplifies cross-border settlement significantly.
The Payment Landscape E-commerce is driven by two main categories:
- Local Cards: Visa and Mastercard dominate online purchases. Processing with local acquiring ensures merchants get higher approval rates and smoother transactions.
- Transfers & Cash: Bank transfers via Banco Guayaquil and popular cash-based networks like Western Union and Facilito are essential.
Event Recap: TES Prague & What’s Next
The 2025 event season ended on a high note at TES Prague. Our own Yonathan and Paulo took the stage with their talk, “The Good, The Bad, and the Growth Hacks,” breaking down how people pay and connect across Latin America.
The crowd loved the energetic, non-sales talk. We’re keeping that momentum going and are already confirmed for the next event.
Next Stop: TES Marbella (March 9-12, 2026).
Global Payment News (October 2025 Edition)
- SWIFT Reinvents Retail: New rules are coming for cross-border payments, requiring more transparency, predictable speed, and real-time tracking.
- Australia Goes 24/7: The new International Payments Service (IPS) enables near real-time inbound payments in AUD.
- Blockchain Collaboration: Over 30 global financial institutions are collaborating with SWIFT on a blockchain network for instant global payments.
Here’s to a faster, smarter 2026, driven by innovation and partnership. Talk to our team to plan your expansion.
