Infographic: Payment Methods in Latin America

Cash is still king in Latin America, but other alternative payment methods are also vital to boost your sales in these seven countries: ArgentinaBrazilChileColombiaMexicoPeru and Uruguay.

In this infographic, we look at the main characteristics of each expanding market, so you’ll have a better understanding about local payment culture and the potential to expand your business.

Learn more about the following features: Population Size, Local Currency, Gross Domestic Product (GDP), Internet Penetration, e-Commerce Growth and Popular Local Payment Options.

Interested in expanding your business into LATAM?

Local payments make the difference in the Southern Cone. BoaCompra covers over 140 different payment methods across all major countries in Latin America, Turkey, Portugal and Spain.

Keep checking our blog for more content and infographics about our available markets.