Latin America

Latin America is no longer just an emerging market, it became a powerhouse.

EBANX currently covers 17 markets in the region.

Digital Commerce

Market Info

  • Home to an increasingly urbanized population of more than 670 million people, approximately 64% of the entire population of the American continent.

  • More than 300 million digital buyers, it is expected that Latin America will grow by more than 20 percent until 2027.

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Solutions

  • Pay-in with locally preferred payment methods and hybrid funds settlement (domestic and/or international).

  • International and domestic payouts in local currency.

  • Tailored vertical solutions including megapayments & single transactions

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Payment Methods

  • A diverse and regularly expanding payment portfolio covering cards to APMs to support the unique payment preferences throughout LatAm.

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Global companies selling with EBANX in Latin America

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Brazil

Brazil is the 7th largest economy in the world with a Gross Domestic Product (GDP) of U$2.4 trillion—equivalent to more than 40% of Latin America's economy. Brazil is the 7th largest consumer market in the world and by 2023 will be the 5th.

Most popular payment methods in Brazil

All of them are offered by EBANX unique payment platform.

  • Boleto Bancário

  • Credit and Debit cards

  • Digital Wallets

  • PIX

  • Bank Transfer

Learn More about Brazil

Mexico

With a population of almost 130 million, Mexico is among the 15 largest economies in the world and the second-largest economy in Latin America.

Most popular payment methods in Mexico

All of them are offered by EBANX unique payment platform.

  • OXXO

  • SPEI

  • Credit and Debit cards

  • Digital Wallets

Learn More about Mexico

Argentina

With a Gross Domestic Product (GDP) of approximately US$610 billion, Argentina is the third largest economy in Latin America. After the pandemic, economic activity has recovered faster than expected, with an increase of 10.4% of GDP in 2021 and 5.2% in 2022, after a fall of 9.9% in 2020 in the context of the crisis unleashed by COVID-19.

Source: Worldbank

Most popular payment methods in Argentina

All of them are offered by EBANX unique payment platform.

  • Cupones de Pago

  • Credit and Debit cards

  • Digital Wallet - Mercado Pago

Learn More about Argentina

Colombia

The Republic of Colombia has the fourth largest economy in Latin America, with the third largest population with approximately 51.5 million inhabitants. Colombia is the 32nd largest market for eCommerce with a predicted revenue of US$10,064.5 million by 2023. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 9.6%, resulting in a projected market volume of US$14,520.9 million by 2027.

Source: Worldbank

Most popular payment methods in Colombia

All of them are offered by EBANX unique payment platform.

  • Via Baloto

  • Credit and Debit cards

  • PSE  (Pagos Seguros en Línea)

  • Efecty

  • Digital Wallets

  • Nequi

Learn More about Colombia

Chile

During the last two decades, Chile has been one of the fastest growing economies in Latin America. Chileans have a specific purchasing behavior, which is reflected in the way they make their payments.

Most popular payment methods in Chile

All of them are offered by EBANX unique payment platform.

  • Sencillito

  • Servipag

  • Multicaja

  • WebPay

  • Credit and Debit cards

  • Mach Pay

  • Efecty

  • Digital Wallets - Nequi

Learn More about Chile

Peru

Peru is the 6th largest economy in Latin America with a predicted revenue of US$8,681.2 million by 2023, and a CAGR of 12% between 2023-2027. With an expected increase of 13.8% in 2023, the Peruvian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. 22% of e-commerce buyers only make purchases internationally and 33% of all e-commerce purchases are made using alternative payment methods. 

Source: ecommercedb

Most popular payment methods in Colombia

All of them are offered by EBANX unique payment platform.

  • Via Baloto

  • Credit and Debit cards

  • PSE  (Pagos Seguros en Línea)

  • Efecty

  • Digital Wallets

  • Nequi

Learn More about Peru

Other Latam Markets to keep on your business radar

EBANX coverage cross 15 countries in Latin America extends beyond the biggest. Our payment platform enables you to look at smaller markets with high ecommerce potential and offer the same superior payment experience and service as those with greater market share. This includes those deep into South America and the fast growing economies across Central America. We offering unique payment solutions for the following: 

Central America

Bahamas, Costa Rica, Dominican Republic, El Salvador, Guatemala, Jamaica, and Panama.

Paraguay

Uruguay

Ecuador

Bolivia

Learn more about other markets in Latam

Grow your business across Latin America. 

Get in touch with our team of business experts and discover customized solutions for your company. 

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