Kludgey domestic payments infrastructure keeps merchants from giving consumers living in Latin America the chance to shop across borders in a seamless, secure way. In the Digitizing Payments In Latin America Playbook, Northwestern Mutual’s Souheil Badran explains how FinTechs and PSPs can fix that issue by modernizing local payments and processing.

Latin American consumers are shopping more online, but marketplaces that want to gain their trust, loyalty and business need to do more than offer them products to buy. In the inaugural Global Merchants’ Guide To Latin America, Camilo Riveros, director of innovation for eCommerce merchant Dafiti, explains how a localized approach to payments is key to fostering engagement and loyalty among the region’s consumers.

eCommerce is quickly establishing itself as a significant industry in Latin America, with one report finding that 267 million online buyers now live within the region. This growth is simultaneously occurring as access to online banking channels and tools expands, with an October 2020 report revealing that 40 million Latin American individuals became banked in […]

Digital retail sales are set to skyrocket in Latin America in the next few years, predicted to reach $160 billion by the end of 2025, according to one recent report. Such growth occurs as interest in — and usage of — emerging digital banking and payment methods expands among Latin American consumers. Another study found […]

Colombia’s digital banking space expanded by 59% between 2019 and 2020. Other nations in Latin America are following that lead, Kushki Chief Revenue Officer Madeleine Clavijo said in an interview with PYMNTS. At a high level during the pandemic, digital wallets and contactless payments became the only option many customers had for accessing products and […]