Start accepting local payment methods in Latin America and boost your revenue.
Many Shopify stores have high traffic from Latin America but continue with low sales. Why? Because Latin American customers commonly prefer to pay with the local payment methods that they are already familiar with.
Increase your profit accepting Credit Cards and Installments
Not all Latin American cards are enabled to make international purchases. With EBANX local processing, you accept all domestic and international cards in both countries and pay only per confirmed payment.
Fee 3,7% to 4,9% + USD 0.20 per payment - According to volume processed.
Installments for Shopify: customers split the payment, you get it all at once
60% of Brazilians
purchased online paying with installments.*
With EBANX, the Installments fees go directly to your customer and you don’t have to come up with those costs.
With EBANX, you offer your customers the flexibility to pay over a chosen period and receive your money all at once in your bank account.
Installments payments for Shopify will allow customers to split the total amount in monthly payments that fit their budgets and increasing their purchase of expensive items in your store.
The Latin American population still has a strong preference to pay with cash, even when the purchase is made online. Boleto Bancário[1]
in Brazil and OXXO in Mexico are the key to increase sales[2].
[1] Please note that Voucher Payment in Brazil (Boleto Bancário) is only available for retail merchants or merchants who offer any kind of physical goods.
[2] 2020 Latin America E-commerce data pack conducted by AMI (Americas Market Intelligence)
17%
of the e-commerce transactions in
Brazil
are made with voucher payments.
18%
of the e-commerce transactions in
Mexico
are made with voucher payments.