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In this article we'll take a look at our comprehensive range of new and existing payment solutions for the Latin America market, linking multiple territories and billions of potential customers through our centralised payment gateway offering both payins and payouts:

Cards

Credit cards accounted for 73% of all ecommerce purchases in the LATAM region in 2023. Alongside this, mobile and in-app commerce is expected to continue growing in the region.

• Colombia

Cash Payments

In comparison to other continents like Europe or Asia, Latin America have a significant amount of cash transactions and one that is regularly important for customers in underbanked LATAM territories. 

• Argentina
• Brazil
• Chile
• Colombia
• Costa Rica
• Ecuador
• El Salvador
• Guatemala
• Mexico
• Panama
• Peru

Boleto

About 60% of the Brazilian population doesn't have credit cards, according to World Bank data, and Boleto is a convenient payment alternative for this demographic. Boleto is popular with businesses for its lack of chargeback risk and reduced fraud risks compared to credit card payments.

• Brazil

Online Bank Transfer

Our online bank transfer solutions integrate directly with your customers online banking systems. Online banking is only growing across LATAM, making up 4% of all online transactions.

• Argentina
• Bolivia
• Brazil
• Chile
• Colombia
• Costa Rica
• Ecuador
• El Salvador
• Guatemala
• Mexico
• Peru

Loterica

A voucher based payment method that generates vouchers with unique barcode whereby the payment is made at participating location.

• Brazil

MACHPay

MACHPay is a popular stored-balance wallet offered by Banco BCI. Currently used by more than 10% of Chile's population.

• Chile

PICPAY

 E-Wallet, PICPAY is said to be the largest fintech in Brazil with over 60 million users. As the Latin America market becomes more cashless PICPAY is a worthwhile payment solution for Brazilian customers.

• Brazil

PIX

Pix is a popular instant bank transfer payment method in Brazil that’s connected to 700+ financial institutions. For merchants aspiring to expand in Brazil, adding Pix to their payment strategy can be advantageous for their revenue and conversions. Used by more than 23% of Brazilian ecommerce transactions this payment method has gone from strength to strength since its launch in 2020.

• Brazil