Alternative payments landscape in Latin America
The increase in connectivity and digitalization is changing the payment scenario in Latin America. Different payment methods like wallets, Google Pay, Apple Pay, and more that may already be common around the world, are now becoming relevant in the region.
Bank transfer is the primary alternative method that global companies to be aware of. In most Latin American countries, making online transfers through the Internet Banking page is a very popular payment option among customers who have a bank account. You can either offer an integration with the banks at your own website checkout or rely on a solution that does the job for you, according to the countries you want to sell in.