Payments and Market in Brazil
A deep dive into Latin America's most prominent digital economy
With an estimated population of 215.5 million in 2022, Brazil is considered the largest market in LatAm.
The country is the ninth-largest economy in the world and is gaining growing attention from international companies. Thus, to be inserted as a local leader in the Latin American market, it is essential to first think about the monetary needs of Brazil.
Dive into this study, understand how Brazil has been standing out in the global market, and what is the ranking of the 4 most used payment methods in the country!
It's time to understand how to become the market leader in LatAm and transform Brazil into the herald of your brand
Through this Study, you will be able to grasp the financial behaviours of the local population in Mexico. You will also:After reading the Study, you will know which market segments and payments should be considered for your strategy.
Here you will find:
Specialized Data - learn how tech, retail, travel and e-commerce markets perform in Brazil;
Alternative Payment Methods - understand how PIX and Boleto work on a daily basis;
Payment solutions portfolio - keep track of the best facilities to offer in local currency;
Increase revenue by conquering the local market of Brazil!
Statistics show that 98% of Brazilians have increased consumption through online shopping during the COVID-19 pandemic. And 7 out of 10 said that attendance has increased in the last year (2022).
For Brazilians, payments are essential when considering an online purchase. Although credit cards are commonly used to pay online in Brazil, the possibility of choosing from several payment methods contributes to digital consumer purchase growth.
Learn how to achieve brand leadership in Latin America by starting with the local South American giant and the world's fifth-largest population.