Latin America's largest market is increasingly open to international merchants. Sectors such as tourism grow an average of 13% per year and reach a GDP of 163B in USD.
The country's official currency is the Brazilian Real.
of all credit card transactions in Brazil are made in installments.
Largest market for Shopify
Get the best data and insights about this new addressable market, and discover the opportunities for global companies.
In 2018, 6 unicorn companies were born in Brazil and the country reached the number of 10K Startups. This scenario shows great opportunities for international merchants, especially the ones focused on the SaaS market.
Brazilians spend more than 9 hours per day connected – this RATE is among the highest in the world
The habit of buying and hiring international services HAS INCREASED among Brazilians. AliExpress, for example, is the 3rd largest e-commerce in terms of purchases and brand awareness in the country and
the usage of audio streaming apps is above the global average (77% x 61%)
Our portuguese-speaking customer services team helps your customers have a better payment experience.
Brazilians are used to paying for their purchases by splitting up the total amount in up to 12 monthly installments. EBANX enables your customers to use interest-free installments, allowing you to receive the payment money all at once.
Offer Brazilian customers different online payment options and make it easier for them to shop from your website.
Brazilian shoppers are used to pay for their online purchases with Boleto Bancário*, a voucher that can be paid physically in more than 200 thousand establishments in cash or through online banking.
More about Boleto Bancario
Not all Brazilian cards are enabled to make international purchases. With EBANX local processing, accept all domestic and international cards in Brazil.
More about Credit and Debit Cards