Market Overview Brazil
The largest country in Latin America and the world's sixth most populous country.
Brazil is expected to remain among the top 10 eCommerce markets globally with a projected growth of 17% through 2021.
An eCommerce market with 39M eShoppers and a ticket average of $96.
Brazil registers 70% internet and 67% smartphone penetration.
Brazil’s eCommerce payment mix
Improve your payment acceptance by offering local payment methods in Brazil
Gain insight into Brazil’s most relevant payment methods
Local payments, like Boleto Bancario, are essential to establish a full payment coverage in Brazil
Boleto Bancário is the leading cash payment method – generating 19% of eCommerce sales
Online Banking & PIX
Large presence of local and international banks. As of November 2020, instant payment system PIX for real time transactions.
Credit & Debit Cards
More than 60% of Brazil’s eCommerce purchases opt for installments through local card schemes.