The Latin American Payment Blog

Insights from the payments industry in Latin America, consumer trends and more

Reaching the Unbanked Population in Brazil

How do you reach the unbanked population of Brazil? As we all know from years of seeing sweeping images of Ipanema beach, the vibrant street culture in Salvador, and hearing…

The Brazilian Payments Landscape: General Overview

Brazil remains a favorite destination for companies looking into international expansion. Although small in comparison to other markets, Brazil is the 10th largest e-commerce market in the world, reaching USD…

PIX – Why Brazil’s new payment system will replace boleto

The Central Bank of Brazil (BCB) announced a new payment system called PIX, intended to replace not only bank transfers and debit card payments, but also the outdated and current de facto standard form of payment: boleto bancário. PIX is set to become the new default infrastructure for companies and individuals in Brazil to transfer money and pay for goods and services.