Local Payments in Latin America: A Guide to Increasing Conversion

Payments

Regional regulations

Brazil

Latin America (LATAM)

Mexico

Alternative Payments

Boleto Bancarlo

Cash

Installments

PPRO

Nov 20, 2020

Whitepapers

Latin America is a highly attractive market to many online retailers given the median age of its population, its fast-growing middle class, and its high level of Internet penetration. In this whitepaper, PPRO examines the rise of cash-based payment methods in Latin American eCommerce like OXXO in Mexico and Boleto Bancário in Brazil. The focus then shifts to installments and local cards, and closes with insights on how businesses can bolster the bottom line by accepting locally preferred payment methods.

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