Currently, credit cards are the most commonly used payment method for online purchases among Uruguayans, followed by cash vouchers and debit cards. However, International cards account for less than half of e-commerce transactions in Uruguay. Grow your sales by allowing your Uruguayan customers to pay with their card of choice.
Local credit cards
Credit cards are very popular among Uruguayan consumers, with a high penetration this payment method is commonly used to pay for online purchases. On the other hand, almost half of the credit cards are not available for international purchases. Therefore, EBANX solution can increase your reach by allowing you to accept both international and domestic cards. Learn more about local credit cards
Just as in most Latin American countries, splitting up the total purchase amount in monthly credit card payments is a very popular habit in Uruguay. To be competitive in this market, you must offer this payment option, especially for higher average ticket items. Learn more about installments
Prepaid cards are also available as a payment method for your online business through EBANX. They are also called electronic money cards, and work just like a debit card, the only difference is that they are not tied to a bank account. Get access to a new consumer base in Uruguay, consumers who do not have a bank account or do not feel comfortable to disclose their banking information. Learn more about prepaid cards
The rising adoption of payroll debit cards has popularized this method among Uruguayans, which has been perceived as a practical replacement for cash payments. In just 5 years, the number of debit card transactions has increased 10x, passing from around 13 million operations in 2014 to more than 160 million in 2019. Learn more about debit cards