Credit Cards Payments in Brazil

Credit Cards Brazil

Elevate your credit card approval rates in Brazil with local acquiring.

Despite the dominance of global issuers, most cards in Brazil are domestic, thus not enabled to make purchases in foreign currencies, even in e-commerce. International credit cards represent only 24% of the online transactions in Brazil, while domestic cards account for 36% of the total share.

Process credit card payments as a local in Brazil.

As online shopping grows in Brazil, global brands are exploring, even more, all the opportunities and intricacies of this potential market. Having a local payment strategy is essential to succeed in the country since most Brazilians don't have access to credit, much less to international credit cards, enabled to process foreign currencies, for instance.

There are more than 98 million active credit cards in Brazil, and usage has been growing steadily over the last couple of years. Mastercard and Visa still dominate the market, but local credit card schemes have been gaining substantial market share.

With local acquiring, the credit card approval rate increases significantly. Through a partnership with the major Brazilian acquirers, EBANX allows your store to accept all of the card networks available on the Brazilian market, whether they are international or domestic.

EBANX with local acquiring x International acquiring

Local acquiring

International and domestic card schemes
Best performance in payments with a direct connection to local acquirers. This way issuer banks will have more local consumer data increasing the approval rates.
Customers will have a local payment experience with all the services available, purchasing as it would in a local e-commerce.
Installments and recurring billing available.

International acquiring

International schemes only
Worse performance in payments, as the issuing banks, tend to refuse more transactions from international acquirers due to the lack of information.
Limited for those who own internationally enabled cards. The shopping experience is not localized.
No installments and no recurring billing.

Discover more about payment processing with local acquiring

Increase average order value with payments in installments

Brazilian e-shoppers often use either a credit card or a boleto for online purchases. However, the main difference regarding payment methods is the possibility of paying in installments. This preference is not merely a cultural habit unique to Brazilian consumers, but also an alternative to navigating the individual’s economic situation and restricted cash flow, whether the purchase was motivated by desire or need.

Discover more about installments