
LATIN AMERICA: FAST-MOVING PAYMENTS CONTINUE TO THRIVE
Tap into this market of over 300 million eCommerce users by providing local cards, instant payment methods, installment options, cash-based payments, and much more.
Contact UsE-commerce growth
The number of eCommerce users in Latin America and the Caribbean is expected to reach 387.67 million by 2027.
Growing digitization
Mobile internet penetration in Latin America is forecast to reach 67% of the population, leading to a digital payments revolution in the region.
Alternative payment methods
Whether due to a large unbanked population or even cultural reasons, alternative payment methods reign in Latin America.
Installments preference
With some differences in each country, installment payments are highly preferred by Latin American customers.
Explore exciting business possibilities in Latin America
Brazil
Brazil is one of Latin America's most mature digital payment markets, with strong adoption of online shopping, mobile transactions, and instant transfers. Pix has become a core payment rail for everyday commerce and e-commerce, while cards, bank transfers, and wallets such as PicPay and Mercado Pago cover different consumer preferences. For cross-border merchants, supporting local real-time payments and major bank networks is essential to improve conversion and reduce checkout friction.
Credit and debit cards
Visa
Mastercard
Maestro
American Express
JCB
Discover
Aura
Mercado Livre
Wallets
Picpay
Mercado Livre
Bank Transfer
Itau
SantanderBank Transfer
Mercado Pago
Picpay
Pix
Caixa
Bradesco
Banco do Brasil
PIX
Pix