Brazil is the largest e-commerce market in Latin America, representing 42% of the industry’s revenue in the region.
Below you’ll find a breakdown of the hottest industries in the country, so you can determine where to focus your business development efforts in the country.
In Brazil, only 6.5% of card holders have access to cards that can process international payments.
We can help you convert your already hyper-engaged social media audience, by enabling you to process transactions locally and providing you with the options all of your users can pay with.
You can increase your addressable market by 20x when allowing for subscriptions to be paid with tokenized local cards.
Our system allows you to take full control and even use your current subscription management tools more effectively. We can help you engage more customers faster and expand your scope.
6/10 e-commerce payments in the country are made in installments.
Offering local methods will allow you to avoid additional taxes and fees passed onto your consumer from cross-border purchases.
We can help you further improve your margins by offering installments, attracting more paying customers who can’t pay in full up front – don’t miss out!
of transactions in Brazil are local
SMEs in particular often won’t have access to corporate, international cards. In general, businesses in Brazil are accustomed to paying with Boleto, so you’ll be more attractive to your clients with this approach.
For B2B providers, the impact of local payment options is notable. Local-only card schemes Elo & Hipercard are en route to own roughly 30% of transactions in the country. By offering your corporate clients local options, both parties will avoid foreign transaction fees, and reduce your overhead.
Apart from professional reasons, Brazilians like to learn other languages to be able to communicate while traveling and to learn about other cultures.
We can help you increase your overall profits and reduce your overhead by allowing you to offer instalments for more expensive courses or enabling split payments among various education providers.
This is the easiest way to access your entire customer market without needing to set up local entities across the continent.
more in service taxes
Brazilian advertisers booking ads sold from abroad, are subject to foreign service taxes making those offerings significantly less attractive.
We can help you level the playing field by selling as a local provider, thereby reducing the taxes and fees your customers pay, and boosting your earnings significantly as a result.
