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:
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.
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.
MACHPay
MACHPay is a popular stored-balance wallet offered by Banco BCI. Currently used by more than 10% of Chile's population.
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.
Wallets
Digital wallets dominate Latin America's financial landscape, driving massive financial inclusion for unbanked populations. Over 43% of Latin Americans now use digital wallets.
Get in touch to find out more!