Payment Methods in Latin America

Boost your revenue with local payment methods

Local cards, monthly installments, bank transfers, direct debit, and voucher payments. Offer more than 100 ways to pay in Latin America and increase your average ticket total in the region.

Get More Info
home-hero2
 

Available only to companies outside Brazil

Voucher Payment

Credit Cards

Online Alternative Methods

 

Available only to companies outside Mexico

Voucher Payment

Credit Cards

Debit Cards

Online Alternative Methods

 

Available only to companies outside Argentina

Voucher Payment

Credit Cards

Debit Cards

Online Alternative Methods

 

Available only to companies outside Chile

Voucher Payment

Credit Cards

Debit Cards

Online Alternative Methods

 

Available only to companies outside Colombia

Voucher Payment

Credit Cards

Debit Cards

Online Alternative Methods

 

Available only to companies outside Peru

Voucher Payment

Credit Cards

Debit Cards

 

Available only to companies outside Ecuador

Voucher Payment

 

Available only to companies outside Bolivia

Voucher Payment

mockup-boleto-phone-v-4
Most famous voucher payments
Boleto EBANX RapiPago OXXO Via Baloto

Domestic Credit and Debit Cards

Many Latin Americans are still poorly served by financial institutions and continue to make cash-based payments. This method is trustworthy among e-shoppers in Latin America - even for those who have bank accounts. In Brazil and Mexico, for example, voucher payments represent more than 20% of online purchases.

mockup-boleto-phone-v-4
Most famous voucher payments
Boleto EBANX RapiPago OXXO Via Baloto

How do voucher payments work for e-commerce?

Voucher payments make online shopping available even to people who do not have a bank account. After selecting this payment method at the check-out, an invoice with a barcode is generated, and the consumer can pay for it in cash at a physical store or agent.

With EBANX you can offer the most popular voucher payment methods in more than 8 different countries around Latin America, without having to set up a local entity.

Discover more about Voucher Payments
Latin America: Market and Payments whitepaper

Whitepaper

Latin America: Market & Payments

Learn everything there is to know about Latin America and its main payment methods.

Domestic Credit and Debit Cards

One of the best strategies to dramatically increase your credit card approval rates in Latin America is to accept domestic credit and debit cards.

Discover more about cards in Latin American countries
group-18
cards and schemes
MasterCard Visa American Express DinersClub Elo WebPay

How do domestic cards work?

In Latin America, most people don’t have an international credit card - which means they cannot buy in any currency other than their own. Take Brazil, for example, where only 19% of the entire population has a credit card enabled to buy in international websites or transact in foreign currencies.

Installments will boost your revenue

In addition to adding local cards to your strategy, allowing consumers to split their payments into monthly installments, greatly increases the purchase of higher priced products. Accepting local credit cards with the installments option enabled can increase your approval rate by up to 90%, that’s right, 90%.

group-18
cards and schemes
MasterCard Visa American Express DinersClub Elo WebPay
day-02-cafes-82

Online Alternative Payments

Making payments with bank transfers or through internet banking is a common habit among Latin Americans. With just one integration, you can allow customers to easily pay for their purchases by using their favorite method and with the bank of their choice.

How is a bank transfer different from online debit?

Different from what happens in Online Debit, when choosing to pay with Bank Transfer, customers are not redirected to their internet banking. Instead, they receive a voucher and can complete a money transfer from any bank institution through an ATM, bank app, internet banking or bank branch.

Want to know more about Online Alternatives in Latin America?

Discover more about online alternative payments

The more ways shoppers can pay, the more chances you have to sell

Get More Info