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Credit Cards in Latin America

Offer all cards in Latin America with installments enabled whether they are international or local.

EBANX direct connection with local issuers and acquirers allows you to have higher approval rates. EBANX allows you to count on redundancy and smart routing, in each country – which is key for more efficient payment operations.

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Credit Cards

Most people don't have International Credit Cards in Latin America

Internationally-enabled credit cards make up only 32% of total e-commerce volume in the region. How, then, in Latin America would the population of 660 million be able to purchase from your brand?

Keeping your payment strategy focused only on credit cards processed through international acquiring may not be the best move, since these transactions don't have the local data and information having more chance of being declined and as a result, your approval rate will be much lower.

With EBANX, the whole payment process is done locally. Your customers pay in their local currency and you receive your funds anywhere in the world, in USD or local currency. Meaning: you choose what's best for your needs right now.Additionally, you are able to meet you LATAM Consumer where they are by offering through EBANX local and preferred payment options.

       
Credit Cards

only 19%

of Latin Americans own credit cards.

Globe

just 6%

have cards enabled to international transactions.

Smartphone

70%

of Latin Americans are connected to internet.

With EBANX sollutions you can reach all the addressable market

Source: AMI

EBANX: the Leading Payment Provider in Latin America

 
Standard International Payment Processing

Less complexity,
but lower performance.

Standard local payment processing

Difficulties and high investment to
start an operation in each country.

EBANX Innovative
Payment Processing

Local Entities and Regulatory Licenses
-
New local entity and special licenses and registrations per country.
The company chooses to operate through local entities or not.
Addressable Market and Approval Rates
Only International Credit Cards with approval rates usually under 50%. Cannot offer debit cards.
Local credit and debit cards with great approval rates. However, it is necessary to establish a connection with multiple local acquirers per country.
Both international and local credit cards with impressive approval rates (75% to 90%).
User Experience
Transactions in foreign currency with extra fees for international purchases.
Transactions in local currency.
Transactions made in local currency or USD with a transparent FX rate.
Cost and Efficiency
International acquiring fee + anti-fraud + gateway.
New entity set-up CAPEX + transactional fee to all the players.
Single transaction fee including payment processing, anti-fraud, gateway, FX management and settlement combined.
Settlement
International settlement to one company and country.
One settlement in each country to each company, in different currencies, and usually without reconciliation.
Settlement in USD to any country(ies) in the world or in local currency to Latin American countries. Also available in CNY to China.
Installments Mockup

Sell in Installments, receive the payment all at once

Offering payments with Installments enables high-priced products and services to be more accessible to Latin Americans. With Installments, the total amount due is split up into monthly payments that fit into budgets of all sizes. You are able to also increase conversions by offering interest-free installments to your clients and receive the money all at once.

Discover more about Installments

Built-in Fraud Detection System

Have a smart fraud-prevention strategy, specially designed for your needs in the Latin American market. Using the best-in-class technology and database, EBANX Shield keeps your operation safe in all purchase steps, all while balancing security with optimal payment performance and integrating the best fraud prevention tools into a single solution.

Learn more about EBANX Shield
Built-in fraud detection system

Local Cards Outstanding Features

Billing Descriptor

Billing Descriptor

Optimized Billing Descriptor on the credit card statement to reduce chargebacks.

Refund

Refund

Manage all your refunds, including partial ones, on the customizable EBANX Dashboard, which grants your customer with a satisfactory refund experience.

Tokenization

Tokenization*

Keep your customer's data safely stored using encryption (PCI-compliance) and allow one step checkout for future purchases.

*Available in select countries.
Recurring Subscription Ready

Recurring & Subscription Ready*

Offer Recurring Billing and charge your shoppers automatically for product or service subscriptions.

Learn more about Recurring Payments

Retry Logic

Retry Logic

Advanced Machine Learning technology increases approval rates by minimizing failed payments.

Google Pay

Google Pay

EBfANX is one of the first payment providers in the world to offer integration with Google Pay, enabling customers to pay with credit cards in just one click.

Credit and debit card schemes available in Latin America with EBANX.

Country

Credit Card Schemes

Debit Card Schemes

Payment Processing
International Settlement

Payment Processing
Local Settlement

Brazil Brazil

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club
Elo
Hipercard

Debit Card Schemes

Mastercard
Visa
Elo

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

Check
Mexico Mexico

Credit Card Schemes

Mastercard
Visa
American Express

Debit Card Schemes

Mastercard
Visa
American Express
Carnet

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

Check
Argentina Argentina

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club
Cabal
Naranja
Credimas

Debit Card Schemes

Maestro
Visa
Cabal

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Chile Chile

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club
Magna

Debit Card Schemes

Maestro
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Colombia Colombia

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa
American Express
Diners Club

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Peru Peru

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa
American Express
Diners Club

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Uruguay Uruguay

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa
American Express
Diners Club

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Paraguay Paraguay

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club
JCB
Unionpay
Infonet
Discover

Debit Card Schemes

Mastercard
Visa
American Express
Diners Club

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Panama Panama

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
El Salvador El Salvador

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Guatemala Guatemala

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Costa Rica Costa Rica

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
Dominican Republic Dominican Republic

Credit Card Schemes

Mastercard
Visa
American Express
Diners Club

Debit Card Schemes

Mastercard
Visa

Payment Processing
International Settlement

Check

Payment Processing
Local Settlement

 
 

Get higher approval rates with EBANX

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