ACCEPT LOCAL PAYMENTS IN LATIN AMERICA
- Total Population: 659,311,105
- Internet Population: 76%
- e-Commerce Market Size: $622 billion
- Credit Card Ownership: <30%
- English-speaking Population <7%
- Brazil Global #2 in Instant Payments: $29.2 billion transactions
Process 29 local payment methods in the biggest markets in Latin America (Brazil and Mexico)
Boost your revenues by allowing your users to pay with local credit and debit cards and the major alternative payment methods (APMs), including bank transfers, cash vouchers, and in-store POS payments.
- Brazil
- Mexico
- Cash Voucher:
- Boleto Bancário;
- Bank Transfer:
- PIX;
- Card:
- American Express | Elo Card | HiperCard | MasterCard | Visa | Visa Electron | Maestro;
- Payout Solutions:
- PIX;
- Local Card:
- Visa | MasterCard | American Express | MasterCard Maestro | VisaElectron;
- Cash Voucher:
- OXXO | Paynet | 7Eleven | Walmart | Superama | Sam’s Club | Super Farmacia | Alsuper | Farmacias Benavides;
- Bank Transfer:
- SPEI;
- Payout Solutions:
- SPEI;
COUNTRY PROFILE: BRAZIL
- Population – 215,313,498
- Internet Population – 81%
- Ecommerce spent – $211 billion
- Payment use: 30+ billion transactions, PIX #2 GLOBALLY.
COUNTRY PROFILE: MEXICO
- Population – 127,504,125
- Internet Population – 76%
- Ecommerce Spent – U$148.7 billion
- Cash Payments via OXXO and Paynet over 80% market share.
