Why Latin America?

A promising market with little competition, the region is attracting investors and global companies from every corner of the world. Now is the time to invest in Latin America.

In 2019 alone, 17* new companies reached the status of a unicorn in Latin America. The expectations for 2020 are even higher. The region has a technology-driven environment that is prime for new products and services.

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BRAZIL
Population 210M
Internet Penetration 72%
MEXICO
Population 127M
Internet Penetration 70%
COLOMBIA
Population 50M
Internet Penetration 65%
ARGENTINA
Population 45M
Internet Penetration 78%
BOLIVIA
Population 11.6M
Internet Penetration 65%
CHILE
Population 19M
Internet Penetration 82%
PERU
Population 32.9M
Internet Penetration 45%
ECUADOR
Population 17.5M
Internet Penetration 71%
URUGUAY
Population 16.9M
Internet Penetration 71%

The next big frontier

Add a whole continent to your portfolio

It's a great moment for innovative companies to localize their business and grow in Latin America. Global brands that are already selling in the market have positioned themselves as early adopters, and are experiencing great results in the region. For those not in the region, there is still time to catch up.

How big companies are growing in Latin America

Mexico and Brazil will overcome UK and Germany in number of Spotify subscribers*

Through a tailored solution developed by EBANX and the payment solutions provider Worldline, consumers can pay for Spotify’s subscription with their debit card without the need for authentication numbers or PIN.

Read more about credit and debit cards

With local payment methods, SHEIN has reached 65% coverage in Mexico*

Debit cards and OXXO are key payment methods for global companies in Mexico. By accepting local payments with EBANX, merchants can increase their consumer base and achieve great results in the region.

Read more about local payments

PlayStation Plus surpasses 41.5 million subscribers*

EBANX provides a tailored solution for the subscription business model and allows merchants to perform recurring payments through tokenization. Also, we enable debit cards as a payment method for online shopping, as been in the recently implemented Caixa debit as a payment solution for the PlayStation Store.

Read more about debit cards

Brazil is Uber's second-largest market in the world*

Through local payment methods powered by EBANX, like Boleto Bancário in Brazil or Cúpon de Pago in Argentina, Uber allowed people without access to credit or debit cards to use convenient transportation on a daily basis.

Read more about local payments
Trusted and used by global companies
   

Latin Americans are connected and hungry for global products

For the last few years, e-commerce in Latin America has been growing at a rapid pace. In 2020 Latin Americans started to buy online like never before, due to the social isolation caused by the COVID-19 pandemic and also the high level of digitalization.* This increase in online shopping is likely to remain even after isolation, creating even greater opportunities for global companies.

The financial revolution will be mobile and local. 70%* of Latin Americans have a smartphone.

Latin Americans are in the ranking of the most connected people in the world. Brazilians, for example, spend 9 hours* per day on the internet. They love international products and digital solutions. However, most Latin Americans don’t have access to international credit cards and are more familiar with local payments, which can be a challenge for companies who only offer international cards.

Share of online transactions by payment methods in LatAm

 
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Source: AMI datapack, 2019

Ecommerce growth forecast 2021

 
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Source: AMI datapack, 2019

Nequi
 
Nequi
ServiPag
Boleto
Spei
Pago Efectivo
Visa
 
Mastercard
Sencillito
WebPay
Elo
OXXO
Safety Pay
PSE
Balota
Rapi Pago
MultiCaja
Caixa
Nubank

EBANX acts as a bridge between Latin America and the whole world through local payment methods

Domestic credit and debit cards, bank transfers, and cash vouchers represent 2/3 of the online transactions on e-commerce today.

Discover the payment methods available

EBANX supports your business with a localized solution that covers all the needs to succeed in the Latin American market

Full range of services to increase your go‑to‑market strategy and optimize your revenue.
 

Local processing and acquirers

 

Localization consulting

 

Regionalized fraud solutions

 

Market intelligence

Beyond Borders Research

The market intelligence team from EBANX conducts annual research in order to understand the specific aspects of the Brazilian market and all the potential when it comes to digital commerce.

Ready to grow your business in Latin America?

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