Digital banks and neobanks are the new fintech trend in the Latin American market. Through their online and mobile services, they leverage e-commerce in the LATAM markets and help to bring unbanked consumers into the formal economy.
Our free white paper looks in depth at the cultural, logistical and financial information you need to expand your business into Brazil, Mexico or Chile.
Smartphones have given Brazilians the freedom to play anywhere and anytime. Therefore, this option is triggering a demand for casual games and a shift in the gamers’ demographics. In Brazil, revenues keep increasing, unveiling the potential of casual games.
Did you know that there are two types of exchange rates when dealing with USD in Brazil? International merchants, in order to avoid any hidden costs, should be aware of the differences between the commercial and the tourism rates when selling online.
It costs seven times as much to get a new customer as it does to retain an old one. Streamlining and localizing your checkout process may be the single easiest way to keep Latin American consumers returning to your business.
It’s the leading mobile messaging app in Brazil and it has changed the way Brazilians communicate with each other. The astonishing impact of WhatsApp in everyday life highlights the importance of using it as a marketing tool to engage with customers.
In light of the localized nature and style of card payments in Brazil, e-commerce merchants must ensure they cater to these unique payment methods to ensure success.
More than common practice, the installments payments are a strongly rooted “institution” in the Brazilian society, to the point of impacting the country’s economy. Contrary to the expected, it has enlivened the market, and the e-commerce included.
LATAM is keeping up the pace with the global growth of the eSports market, and Brazil is scooping audiences and investment. To enter the game and seize the business opportunity, companies must understand and evaluate the market before pressing “Play”.
Whilst debit cards are one of the most common payment methods offline in Brazil, they are considerably less popular online. In this article, we explore the challenges the debit card faces, and the most popular alternatives for merchants.